by Gindo Tampubolon Corruption or poor quality governance is inimical to wealth creation. Corruption imposes disincentives to economic activity via two channels. First, a corrupt government is unattractive to people outside its pool of cronies and connections (“crons...
The use of public office for private gain benefits a powerful few while imposing costs on large swathes of society. Transparency International publishes an annual Corruption Perceptions Index which measures the perceived levels of public-sector graft by aggregating...
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