The situation is actually much worse than reported, especially in Africa where non-bribery forms of corruption (e.g., embezzlement of public funds by high-hanking civil servants and politicians, as well as the non-performance of government contracts) are pervasive. Thus, while bribery has become endemic and represents a significant obstacle to economic growth-enhancing activities, it is important to note that "grand corruption" (theft of large amounts of public resources) and large-scale environment degradation add to Africa's descend into economic and political hell.
On Wed, Jul 10, 2013 at 5:36 AM, Cornelius Hamelberg <corneliushamelberg@gmail.com> wrote:
"Corruption getting worse" --
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JOHN MUKUM MBAKU, ESQ.
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J.D. (Law), Ph.D. (Economics)
Graduate Certificate in Environmental and Natural Resources Law
Nonresident Senior Fellow, The Brookings Institution
Attorney & Counselor at Law (Licensed in Utah)
Presidential Distinguished Professor of Economics & Willard L. Eccles Professor of Economics and John S. Hinckley Fellow
Department of Economics
Weber State University
3807 University Circle
Ogden, UT 84408-3807, USA
(801) 626-7442 Phone
(801) 626-7423 Fax
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