Policy recommendations by using the principal–agent approach

provide a critique of the policy recommendations by using the
principal–agent approach to corruption that you learnt about in this unit’s
video. Ensure that each of your critiques for Questions 1, 2, and 3 cover the
following points:

·
Identify
which element of the principal–agent approach to corruption the

anti-corruption policy addresses. Refer to the video in Unit 3 to review this
theory.

·
Highlight
some of the strengths and weaknesses of the policy approach.

·
Make
recommendations to improve the policy by targeting other elements of the
principal–agent approach.

·
Ensure
that in your answers you demonstrate an understanding of the elements of the
principal–agent approach to corruption and how they relate to the
anti-corruption policy provided in the question.