Romania’s Corruption Barometer: Putting the Public Sector on a Scale

Diverting public resources or the use of public office for private gain, benefits a powerful few while imposes costs on the large majority of the society. In 2014, Romania, along with Bulgaria, Greece, and Italy were ranked the most corrupt nations out of 31 EU and Western European states in the Cor...

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Main Author: Emmanuel Olusegun, Stober
Format: Article
Language:English
Published: Editura ASE Bucuresti 2016-06-01
Series:Romanian Economic Journal
Subjects:
Online Access:http://www.rejournal.eu/article/romania%E2%80%99s-corruption-barometer-putting-public-sector-scale
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author Emmanuel Olusegun, Stober
author_facet Emmanuel Olusegun, Stober
author_sort Emmanuel Olusegun, Stober
collection DOAJ
description Diverting public resources or the use of public office for private gain, benefits a powerful few while imposes costs on the large majority of the society. In 2014, Romania, along with Bulgaria, Greece, and Italy were ranked the most corrupt nations out of 31 EU and Western European states in the Corruption Perceptions Index, a position Romania has remained in the last 3 years, scoring 43 out of 100 points. Transparency International relies on the perception of experts rather than measuring actual corruption experiences. Thus, this study is set out to capture the experience and perception of the general citizenry. This study finds robust evidence that corruption reacts to standard economic incentive, while the effects of anti-corruption policies often weaken as public officials, politicians and businessmen often find alternate strategies for rent seeking.
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spelling doaj.art-17cb670e7b7f44758dbd9744d1b827092022-12-22T00:58:28ZengEditura ASE BucurestiRomanian Economic Journal1454-42962286-20562016-06-01XIX60213236Romania’s Corruption Barometer: Putting the Public Sector on a Scale Emmanuel Olusegun, Stober0Ph.D. Candidate, Doctoral School of Economics and International Business, Bucharest University of Economic Studies, Romania. Email: stober.emmanuel@gmail.com Diverting public resources or the use of public office for private gain, benefits a powerful few while imposes costs on the large majority of the society. In 2014, Romania, along with Bulgaria, Greece, and Italy were ranked the most corrupt nations out of 31 EU and Western European states in the Corruption Perceptions Index, a position Romania has remained in the last 3 years, scoring 43 out of 100 points. Transparency International relies on the perception of experts rather than measuring actual corruption experiences. Thus, this study is set out to capture the experience and perception of the general citizenry. This study finds robust evidence that corruption reacts to standard economic incentive, while the effects of anti-corruption policies often weaken as public officials, politicians and businessmen often find alternate strategies for rent seeking.http://www.rejournal.eu/article/romania%E2%80%99s-corruption-barometer-putting-public-sector-scaleBureaucracyCorruption PerceptionRent-SeekingRomania
spellingShingle Emmanuel Olusegun, Stober
Romania’s Corruption Barometer: Putting the Public Sector on a Scale
Romanian Economic Journal
Bureaucracy
Corruption Perception
Rent-Seeking
Romania
title Romania’s Corruption Barometer: Putting the Public Sector on a Scale
title_full Romania’s Corruption Barometer: Putting the Public Sector on a Scale
title_fullStr Romania’s Corruption Barometer: Putting the Public Sector on a Scale
title_full_unstemmed Romania’s Corruption Barometer: Putting the Public Sector on a Scale
title_short Romania’s Corruption Barometer: Putting the Public Sector on a Scale
title_sort romania s corruption barometer putting the public sector on a scale
topic Bureaucracy
Corruption Perception
Rent-Seeking
Romania
url http://www.rejournal.eu/article/romania%E2%80%99s-corruption-barometer-putting-public-sector-scale
work_keys_str_mv AT emmanuelolusegunstober romaniascorruptionbarometerputtingthepublicsectoronascale