Can Corruption Be Good for the Economy?

China’s position as the world’s factory is shifting. Growth is slowing to approximately 4-5%, wages are rising, the workforce is shrinking due to an aging population, the property crisis is weighing on GDP, and Western tariffs are restricting exports. For decades, China produced ...  عرض المزيد

Home ownership is now unattainable in every major city worldwide. For the first time, none of the 95 cities tracked by Demographia are considered affordable. In cities such as Hong Kong (14.4 times income), Sydney (13.8 times), Vancouver, London, and San Francisco, housing prices ...  عرض المزيد

Traditional thinking on corruption goes like this: if you put good laws in place and enforce them well, then economic development increases and corruption falls. In reality, we have the equation backwards, says innovation researcher Efosa Ojomo. In this compelling talk, he off ...

In development circles, governance is often a code word for corruption. But Daniel Kaufmann, president of the Natural Resource Governance Institute, says governance is much broader. In this podcast, Kaufmann talks about how good governance can actually triple a country's per capi ...  عرض المزيد

الفساد موجود في العالم كله، لكن تأثيره على البلدان النامية أكبر نسبياً. في هذا البث الصوتي، يشير أحد خبراء الاقتصاد إلى دور النظام السياسي في هذا الصدد، ويقول إن بعض الأنظمة الحكومية أقدر من غيرها على التصدي للفساد. 

Corruption is as old as humanity, with cases documented as far back as the Egyptian dynasties. While the World Bank estimates that international bribery exceeds $1.5 trillion annually, the larger and more subtle effects of corruption on economies and populations is incalculable. ...  عرض المزيد