Economics Perspective, The Public Corruption Of Power - The Model Analysis And System Analysis

Corruption, called "Political Cancer", is becoming more and more serious during the economic system transformation in our country. It imperils the economic development, the political stabilization and the social advancement. Under the economics angle of view, this text will analyze the corrupt behavior and the corrupt phenomena respectively.Firstly relied on the "Principal-Agent" theory, it will go through the microcosmic model analysis of corrupt behavior, including the avail analysis of "Defalcation corrupt behavior" and the equilibrium analysis of "Rent-seeking corrupt behavior", and then it will conclude some important factors which influence the corrupt behavior, such as the probability to be lighted, the salary of the officials, the degree and extent of the punishment and so on.Then it will go deep into the institutional analysis of the complicated corrupt phenomena. Relied on the institutional economics, this text will expound elaborate that during the compelling transformation of institutions, the structure of public power has an essential change. On the one hand, government has given up much public power; on the other hand, the cooperation mode between the government, the market and the society has not been perfected. So on account of the unbalance of public power structure, the disfigurement or blankness of the institutions was one of the vital institutional causes of the corruption. Aiming at the rational factors and the institutional causes, the text puts up some ways and means to cure the political cancer, corruption.