000 00932pab a2200169 454500
008 180718b2013 xxu||||| |||| 00| 0 eng d
100 _aPatibandla, Murali
245 _aNew institutional economics: Its relevance to curbing corruption
260 _c2013
300 _ap.55-63.
362 _a2 Mar
520 _aCorruption is a major political and economic issue in India. The stakes, value, frequency, and costs of corruption have become exceptionally high in modern India. This is partly because some of the tenets of the free-market mechanism are implemented without the necessary underlying institutional conditions for an efficient and fair functioning of the market mechanism. This paper brings forth the relevance of the insights of new institutional economics to the functioning of the Indian economy. - Reproduced.
650 _aCorruption
773 _aEconomic and Political Weekly
908 _aN
909 _a98614
999 _c98613
_d98613