Corruption and term limits: An investment approach |
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Authors: | Oscar Flores |
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Institution: | (1) Moorhead State University, USA |
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Abstract: | In many developing countries, there seems to be more corruption. In this paper, an explanation is proposed. It is argued that
term limitations give presidents the incentives to increase their personal income in the present period by diverting resources
that could be used for the production of public goods. Under a term limitation, such an opportunity will not appear again. |
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Keywords: | |
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