Economic Gangsters: Corruption, Violence, and the Poverty of Nations (New in Paper)by Ray Fisman
Pub. Date: 01/24/2010
Publisher: Princeton University Press
Meet the economic gangster. He's the United Nations diplomat who double-parks his Mercedes on New York City streets at rush hour because the cops can't touch him--he has diplomatic immunity. He's the Chinese smuggler who dodges tariffs by magically transforming frozen chickens into frozen turkeys. The dictator, the warlord, the unscrupulous bureaucrat who bilks the
Meet the economic gangster. He's the United Nations diplomat who double-parks his Mercedes on New York City streets at rush hour because the cops can't touch him--he has diplomatic immunity. He's the Chinese smuggler who dodges tariffs by magically transforming frozen chickens into frozen turkeys. The dictator, the warlord, the unscrupulous bureaucrat who bilks the developing world of billions in aid. The calculating crook who views stealing and murder as just another part of his business strategy. And, in the wrong set of circumstances, he might just be you.
In Economic Gangsters, Raymond Fisman and Edward Miguel take readers into the secretive, chaotic, and brutal worlds inhabited by these lawless and violent thugs. Join these two sleuthing economists as they follow the foreign aid money trail into the grasping hands of corrupt governments and shady underworld characters. Spend time with ingenious black marketeers as they game the international system. Follow the steep rise and fall of stock prices of companies with unseemly connections to Indonesia's former dictator. See for yourself what rainfall has to do with witch killings in Tanzania--and more.
Fisman and Miguel use economics to get inside the heads of these "gangsters," and propose solutions that can make a difference to the world's poor--including cash infusions to defuse violence in times of drought, and steering the World Bank away from aid programs most susceptible to corruption.
In a new postscript, the authors look at how economists might use new tools to better understand, and fight back against, corruption and violence in the aftermath of the 2008 financial crisis. Take an entertaining walk on the dark side of global economic development with Economic Gangsters.
- Princeton University Press
- Publication date:
- Edition description:
- With a New postscript by the authors
- Sales rank:
- Product dimensions:
- 5.40(w) x 8.30(h) x 0.80(d)
Table of Contents
Chapter 1 Fighting For Economic Development 1
Chapter 2 Suharto, Inc 22
Chapter 3 The Smuggling Gap 53
Chapter 4 Nature or Nurture? Understanding the Culture of Corruption 76
Chapter 5 No Water, No Peace 111
Chapter 6 Death by a Thousand Small Cuts 136
Chapter 7 The Road Back From War 159
Chapter 8 Learning to Fight Economic Gangsters 186
Epilogue: Doing Better This Time 207
Postscript to the Paperback Edition 211
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