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An iron triangle relationship can result in regulatory capture, the passing of very narrow, pork-barrel policies that benefit a small segment of the population. The interests of the agency's constituency (the interest groups) are met, while the needs of consumers (which may be the general public) are passed over.
In the U.S, the most common tactic of effective issue networks is the role they play in what is called Iron Triangles. This is the three-way back-and-forth communication process between Congress, Bureaucracies, and the interest groups that make up an issue network where they discuss policy and agendas in order to compromise on solutions to ...
In politics, regulatory capture (also called agency capture) is a form of corruption of authority that occurs when a political entity, policymaker, or regulator is co-opted to serve the commercial, ideological, or political interests of a minor constituency, such as a particular geographic area, industry, profession, or ideological group.
Conceptually, it is closely related to the ideas of the iron triangle in the U.S. (the three-sided relationship between Congress, the executive branch bureaucracy, and interest groups) and the defense industrial base (the network of organizations, facilities, and resources that supplies governments with defense-related goods and services). [10 ...
Crony capitalism, sometimes also called simply cronyism, is a pejorative term used in political discourse to describe a situation in which businesses profit from a close relationship with state power, either through an anti-competitive regulatory environment, direct government largesse, and/or corruption. [1]
Alberto Fujimori, 85, who governed Peru with an iron fist for a decade and fled the country amid corruption scandals and human rights violations, plans to run for president amid a cloud of ...
In politics and government, a spoils system (also known as a patronage system) is a practice in which a political party, after winning an election, gives government jobs to its supporters, friends (), and relatives as a reward for working toward victory, and as an incentive to keep working for the party.
Measuring corruption accurately is difficult if not impossible due to the illicit nature of the transaction and imprecise definitions of corruption. [76] Few reliable measures of the magnitude of corruption exists and among those, there is a high level of heterogeneity. One of the most common ways to estimate corruption is through perception ...