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| Author: | Xue, Fenguang |
| Title: | The impacts of power monetization on economy (original in Chinese) |
| Journal: | Modern Economic Science (c)
1994 : 1, p.20-26 |
| Index terms: | MONEY ECONOMIC CRIME |
| Language: | chi |
| Abstract: | Power monetization, it means that some office attendants take advantages of their position and power to seek selfish interests of individuals/collective units, such as: power engaging in trade, extorting through power, power deterrent , barter power for money, etc. The four notable impacts on the economy are: (1) increasing business fee, (2) lowering the confidence in the currency, (3) weakening the accumulation effects, (4) serious implicit drain of state property. |
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