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state capture


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‘State capture’ obtains when a small number of firms (or such entities as the military) is able to shape the rules of the game to its advantage through massive illicit, and non‐transparent provision of private benefits to officials and politicians. Examples of such behaviour include the ability to control legislative votes, to obtain favourable executive decrees and court decisions. A relatively new concept, the main proponents being World Bank researchers, it echoes that of ‘crony capitalism’ and covers cases where high‐level corruption is pervasive. (See military‐industrial complex; clientelism.)

FV

Subjects: Politics.


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