Random Points: Shapes of Corruption

• Corruption in Government often comes in two forms. First involves the appropriation by a government official of public funds or assets for personal use. And second, A bureaucrat facilitating an economic transaction or granting a special favor to a private individual.

• "Rent- seeking" is the process by which a private individual attempts to bribe a government functionary to obtain concessions or economic advantages.

• "Cronyism" is the "intimate" relationship to gain concessions from a top official of the government, usually the president.

• Within government, the groups most likely to be motivated to monitor rent seeking and corruption are the public sector unions.