Ebook: Corruption from a Regulatory Perspective

This book seeks to enrich and, in some cases, reverse current ideas on corruption and its prevention. It is a long-held belief that sanctions are the best guard against corrupt practice. This innovative work argues that in some cases sanctions may paradoxically increase corruption and that controls provide opportunities for corrupt transactions. Instead, this book suggests that better regulation and responsive enforcement, not sanctions, offer the most effective response to corruption. Taking both a theoretical and applied approach, it examines the question from a regulatory perspective, drawing particularly on regulatory effectiveness, to provide a model for tackling corrupt practices.