Demand and Supply of Corruption

  • Jan-Erik Lane
Cite this:
Lane, J.-E. (2017). Demand and Supply of Corruption. Journal of Business Management and Economics, 5(01), 01–09. https://doi.org/10.15520/jbme.2017.vol5.iss01.238.pp01-09
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Abstract

There is much talk about corruption today in poor, emerging and advanced societies. But what is the meaning of “corruption� The word has many connotations and denotations, which is conducive to confusion. The Transparency Index (CPI) offers a way to measure the occurrence of corruption, but it is heavily skewed in favour of the advanced nations. It lacks essential conceptual distinctions, covering almost all kinds of economic crime against the public sector, leaving out corruption in the private sector. In a new approach, one must separate between the demand and supply of corruption as real bribery or illegal kickbacks.

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