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Jobs in the Bureaucratic Afterlife: A Corruption‐Facilitating Mechanism Associated with Law Enforcement
Author(s) -
Cho Joonmo,
Kim Iljoong
Publication year - 2001
Publication title -
southern economic journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.762
H-Index - 58
eISSN - 2325-8012
pISSN - 0038-4038
DOI - 10.1002/j.2325-8012.2001.tb00422.x
Subject(s) - language change , mechanism (biology) , enforcement , payment , bureaucracy , law and economics , business , economics , law enforcement , empirical evidence , public economics , law , political science , finance , art , philosophy , literature , epistemology , politics
This article starts with an observation that the employment of former regulatory officers by a regulated firm might be an integral part of the corruption‐facilitating mechanism (CFM). The article hypothesizes that such employment constitutes the deferred payment for the corruption previously supplied. Although anecdotal evidence of this kind of corruption abounds, it has proven difficult to substantiate. The article provides an explanation for why this deferred payment arrangement might be attractive to both demanders and suppliers of corruption. It also offers tentative empirical support for the hypothesis that it plays a role as CFM in Korea, with the implication that this CFM hypothesis can be generalized to a host of regulatory countries.