This review attempts to identify treatments of corruption that draw upon characteristics of underdevelopment either as causes or as consequences. It focuses on three aspects of corruption in developing economies: red tape, rent-seeking, and the abundance of intermediaries. Red tape is presented as arising from differences in abilityto-pay and willingness-to-pay, which is a consequence of incomp...

It has been argued that bureaucratic management systems were definitely non effective if organizations were to innovate. As an alternative it has been argued that only non-bureaucratic type of management systems i.e “organic” or “adhocratic” management systems were conducive to innovation. In this article, a case study of a highly innovative firm suggests that the alternative is not as straight...

INTRODUCTION A recent development in the study of foreign policy is the growing attention being given to bureaucratic politics explanations of national foreign policy behavior.' In fact, it would be no exaggeration to characterize the bureaucratic politics approach or bureaucratic paradigm as a major research thrust in contemporary international relations theory. Foreign policy behavior, the bu...

Recent research on financial market development has focused on the nature of the legal system. The law-and-finance literature, however, exclusively focuses on the abuse of management power as a major cause of shareholder expropriation. The role of the administrative capability of the state in providing and guaranteeing the institutional foundations for securities development is thereby overlook...

We analyze a model of delegation and policymaking in polities where bureaucratic capacity is low. Our analysis suggests that low bureaucratic capacity diminishes incentives for bureaucrats to comply with legislation, making it more difficult for politicians to induce bureaucrats to take actions that politicians desire. Consequently, when bureaucratic capacity is low, standard principles in the ...

Abstract T his paper explains bilateral trade patterns between South Korea and thirteen OPEC member countries over the period 1980-2014 using a gravity model. The estimation results show that the gravity equation fits the data reasonably well. We confirmed the existence of long term relationships between the bilateral trade flows and the main components of gravity model - ...