Entangled Governance: The Role of Social Networks and Transaction Costs in Thailand's Corruption Conundrum
Keywords:
Governance, Social Networks, Systemic Corruption, Transaction CostsAbstract
This investigation elucidates the complex interrelationships between social networks, transaction costs, and their facilitation of corruption within Thailand's governance systems. Utilizing a comprehensive analytical framework, the study reveals that entrenched social networks substantially augment transaction costs, thereby perpetuating systemic corruption across various administrative levels. The findings delineate the mechanisms through which these networks operate, highlighting their role in both the perpetuation and the entrenchment of corrupt practices. Implications derived from this analysis are pivotal for refining existing anti-corruption frameworks and suggest the necessity for innovative policy interventions that target the underlying socio-economic structures facilitating corruption. This study advocates for a holistic reform approach, emphasizing enhanced transparency and strengthened accountability within these networks.
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