Ethnic Diversity, Democracy, and Corruption

Ethnic Diversity, Democracy, and Corruption
I study the link between ethnic diversity, democracy, and corruption. In a static model, I show that contrary to conventional wisdom, corruption might emerge as a negative externality of democracy. This occurs through ethnicity, which appears as a rent-extracting technology in a democratic society. Extending the model into a dynamic framework, I... READ MORE...

Publication date: September 2007
ISBN 9781451867824
$18.00

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