<i>‘Arvind Jain develops a provocative big-picture analysis of corruption, and of why controls often fail. Because corruption is more than lawbreaking, reform requires an understanding of how wealth and power are used and interact. We need, not just better laws and institutions, but also a clearer understanding of our lasting stake in fair, orderly economies and politics.’</i>
- Michael Johnston, Colgate University, USA,
Jain examines the many forms that corrupt regimes can assume, including individual political corruption, crony capitalism and corrupt authoritarian regimes. He conducts a detailed analysis of how these regimes limit the powers of the media, distort the constitution and manipulate the electoral process to consolidate their control. The book also delves into the critical role of the international economy in facilitating political corruption by allowing the investment of illegitimately acquired wealth in global financial markets. Jain rethinks traditional paradigms by advocating for a greater focus on the role of monitoring institutions in order to combat political corruption.
Students and scholars of political science, law and politics, economic crime and corruption will greatly benefit from this illuminating book. It is also a useful resource for anticorruption activists and reformers.