Abstract

BOEHM, Frédéric. CORRUPTION Y CAPTURE IN PUBLIC SERVICE REGULATION. Rev.econ.inst. [online]. 2005, vol.7, n.13, pp.245-263. ISSN 0124-5996.

Regulation plays a key role in public service reforms. However, corruption and the risk of capture may undermine the purposes of these reforms. Both cost and incentive-based regulation entail corruption and capture risks. This document shows that capture is a minor problem compared with market failures in different sectors, and thus proposes reforms to generate transparency and accountability in the regulatory processes.

Keywords : corruption; capture; regulation; public services.

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