Acta Universitatis Danubius. Œconomica, Vol 7, No 6 (2011)
Corruption – The Politic and Bureaucratic Shield of the Underground Economy
Abstract
In a conditional manner, corruption is considered the specific behavior for the entity that represents the state and public authority of using public resources for personal profits. International institutions for corruption evaluation (the World Bank or Transparency International) generally qualify the phenomenon as “ the abuse of public power for private benefit”. Thus, corruption and underground economy create the condition for the development of group interests, that, thanks to their influence, do not subordinate the national legislation and control the political and economical national systems, giving a perspective on what is known in the professional literature as “state capture".
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