why is there renewed interest in the issue of corruption now?
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issue of corruption—the abuse of public office for private gain—has attracted renewed interest, both among academics and policymakers. There ... causes and consequences of corruption. An ... ing the scope for corruption, are now giving.
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There is renewed interest in the issue of corruption because:
- In recent years, the concept of corruption, or the use of public office for personal gain, has resurfaced as a hot topic among academics and policymakers.
- A variety of factors have contributed to the surge of interest in this issue.
- Corruption scandals have brought down governments in both developed and poor countries.
- The transition from a command to a free market economy has created enormous potential for the appropriation of rents, or excessive profits, in transition countries, and has frequently coincided with a change from a well-organized to a more chaotic and damaging corruption system.
- Donor countries have placed less emphasis on political concerns while delivering foreign aid to developing countries since the end of the Cold War, instead of focusing on cases where aid funds have been misused and do not reach the poor.
- Poor economic growth has continued in many countries with defective institutions.
- This resurgence of interest has generated a new wave of empirical research into the causes and consequences of corruption.
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