CORRUPTION AND INSTITUTIONS IN ECONOMY

Abstract

Socio-economic transformation as profound and thorough reform of the system and institutions promotes corruption  practices and can be the mean to fight against one, too. Two kinds of understanding of corruption may be indicated: narrow (pathologic and functional interpretation) and wider underlined the neo-institutional argumentation, pointing out to  systemic and structural causes of corruption. A theoretical and practical problem remains, whether corruption are of systemic nature (fundamental institution), or are secondary (consequence institutuion). The analysis of corruption, may be done by means of the new institutionalism and consequence theories: transaction costs,  theory of property rights, theory of clubs, principal-agent theory,  theory of asymmetry information, capture theories, rent seeking theory,  theory of games and theory of public choice.

The dynamics of the polish economy and wide researches of corruption (the differences between perceiving and experiencing) indicates that the corruption factors which paralyse the economic development have not dominated the economic system in Poland as yet, and that system maintains its autonomy.  Still, typical corruption-clientelistic societies are contemporary not common, in Poland too. The above problems do not change the fact that corruption are a major problem and in the long run would causes loss of competitiveness polish economy on the global market.