Good Governance was a key point in this chapter. according to the author a study found that good governance led to economic growth, whereas corruption only stagnated it. In order for 3rd world countries to grow they MUST get rid of corruption wherever they find it. It only discourages foreign investment.
When looking at the world from a practical standpoint this actually makes a lot of sense. I, personally, would never want to invest into an area that has a corrupt government. It would be difficult to get anything done without bribing lots of different people. Because of this it would be too difficult to work in a corrupt environment, and not worth it in the short or long run.
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