Interesting publication by Văn Hà Le in which he argues that governments should offer higher wages to its employees in order to reduce the incentive for corruption. In economic theoretical terms it does make sense. Why would someone accept a bribe is his salary is already very high?

Or I can see two problems to this. First, the economic theoretical world does not always work in the real world. Despite having high salaries, I suspect a few people would still be inclined to accept a bribe. Its part of human nature as some philosophers would argue. This could be proven by the fact that corruption happens, albeit on a much lesser scale, in developed countries.

Secondly I suspect that it would be hard for politicians to justify such an increase in salaries based on the sole fact that it reduces corruption. Not all voters would buy that argument and first of all, corruption shouldn’t exist at all, shouldn’t it?

About these ads

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s