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Swapnendu Banerjee
Swapnendu Banerjee is Professor of Economics at Jadavpur University. He completed his Ph.D. in Economics from Jadavpur University and has been a Postdoctoral fellow at the National University of Singapore and the London School of Economics. His areas of interest are behavioural contract theory, economics of contracts, industrial organisation theory, and development economics.
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Combating corruption and illicit outflows: A welfare-oriented approach
A discussion of the association between corruption in economies and leakage through illicit outward flows – with important implications for welfare – is missing in the literature. Based on a theoretical framework, this article analyses how policies for controlling corruption, such as the licensing fee, are influenced by the propensity for proceeds from corruption to leak out of the economy.
