The Poverty of Corrupt Nations

The Poverty of Corrupt Nations PDF Author: Roy Cullen
Publisher: Dundurn
ISBN: 1926577310
Category : Philosophy
Languages : en
Pages : 184

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Book Description
The fight to eliminate world poverty is being severely hampered by corrupt leaders in developing countries. According to the African Union, some $150 billion is lost every year to corruption in Africa. In China, it is estimated corruption diminishes the annual value of gross domestic product by 15%. The pattern repeats itself elsewhere. This bleak situation compounds the poverty problem even more because donor countries are justifiably reluctant to support jurisdictions whose leaders are known to be corrupt, ignoring their citizens’ needs while stealing and laundering public funds for private use. What development does occur in chronically corrupt nations is often poorly planned and environmentally unsustainable, since the private gain of corrupt politicians and officials takes precedence over the implementation of sound development strategies. Likewise, bureaucratic corruption also results in the compromising of worker and consumer safety after all, a bribe costs less than obeying the law. And it is the poor who really pay the true cost of corruption. The Poverty of Corrupt Nations is a straightforward, easy-to-read exposition of the nature and scope of global corruption and money laundering, explaining the impact of recent troubling corruption trends on the public-at-large and public policy makers. Specifically, Cullen examines the links between world poverty, corruption, terrorism, global migration patterns, and money laundering. Constructively, Cullen then outlines a practical 20-point program to increase transparency and accountability in governments and parliaments around the world and break this cycle of corruption and poverty.

The Poverty of Corrupt Nations

The Poverty of Corrupt Nations PDF Author: Roy Cullen
Publisher: Dundurn
ISBN: 1926577310
Category : Philosophy
Languages : en
Pages : 184

Get Book Here

Book Description
The fight to eliminate world poverty is being severely hampered by corrupt leaders in developing countries. According to the African Union, some $150 billion is lost every year to corruption in Africa. In China, it is estimated corruption diminishes the annual value of gross domestic product by 15%. The pattern repeats itself elsewhere. This bleak situation compounds the poverty problem even more because donor countries are justifiably reluctant to support jurisdictions whose leaders are known to be corrupt, ignoring their citizens’ needs while stealing and laundering public funds for private use. What development does occur in chronically corrupt nations is often poorly planned and environmentally unsustainable, since the private gain of corrupt politicians and officials takes precedence over the implementation of sound development strategies. Likewise, bureaucratic corruption also results in the compromising of worker and consumer safety after all, a bribe costs less than obeying the law. And it is the poor who really pay the true cost of corruption. The Poverty of Corrupt Nations is a straightforward, easy-to-read exposition of the nature and scope of global corruption and money laundering, explaining the impact of recent troubling corruption trends on the public-at-large and public policy makers. Specifically, Cullen examines the links between world poverty, corruption, terrorism, global migration patterns, and money laundering. Constructively, Cullen then outlines a practical 20-point program to increase transparency and accountability in governments and parliaments around the world and break this cycle of corruption and poverty.

The Poverty of Nations

The Poverty of Nations PDF Author: Barry Asmus
Publisher: Crossway
ISBN: 143353911X
Category : Political Science
Languages : en
Pages : 402

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Book Description
We can win the fight against global poverty. Combining penetrating economic analysis with insightful theological reflection, this book sketches a comprehensive plan for increasing wealth and protecting stability at a national level.

Economic Gangsters

Economic Gangsters PDF Author: Raymond Fisman
Publisher: Princeton University Press
ISBN: 0691134545
Category : Business & Economics
Languages : en
Pages : 251

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Book Description
"Economic Gangsters" is a fascinating exploration of the dark side of economic development. Two of the world's most creative young economists use their remarkable talents for economic sleuthing to study violence, corruption, and poverty in the most unexpected ways--Steven D. Levitt, coauthor of "Freakonomics."

The Nexus between Poverty and Corruption

The Nexus between Poverty and Corruption PDF Author: Pregala Pillay
Publisher: Cambridge Scholars Publishing
ISBN: 1527502422
Category : Political Science
Languages : en
Pages : 407

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Book Description
This book focuses on and analyses the multi-layered, multi-faceted, complex and complicated corruption phenomenon that undermines inter alia democracy, government, governance, development, rule of law, and accountability; how it harms a country’s reputation, deters trade and investment; distorts markets and the performance of economies and has negative effects on the environment for the present and the future generation while detailing the profound consequences for society, especially the poor and marginalised, by violating trust, human rights and increasing inequality. Corruption and poverty have become endemic evils in Africa and there is no blueprint solution for them, given the varying situations and conditions across the continent. This book proposes a holistic, all-inclusive, and multi-thronged approach to the corruption and poverty epidemic targeting Africa. This collection of chapters will be of interest to students and academics alike.

Does Corruption Affect Income Inequality and Poverty?

Does Corruption Affect Income Inequality and Poverty? PDF Author: Mr.Sanjeev Gupta
Publisher: International Monetary Fund
ISBN: 1451849842
Category : Business & Economics
Languages : en
Pages : 42

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Book Description
This paper demonstrates that high and rising corruption increases income inequality and poverty by reducing economic growth, the progressivity of the tax system, the level and effectiveness of social spending, and the formation of human capital, and by perpetuating an unequal distribution of asset ownership and unequal access to education. These findings hold for countries with different growth experiences, at different stages of development, and using various indices of corruption. An important implication of these results is that policies that reduce corruption will also lower income inequality and poverty.

Economic Gangsters

Economic Gangsters PDF Author: Ray Fisman
Publisher: Princeton University Press
ISBN: 1400834791
Category : Business & Economics
Languages : en
Pages : 255

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Book Description
Getting inside the heads of the developing world’s dictators, warlords, and corrupt politicians Meet the economic gangster. He's the United Nations diplomat who double-parks his Mercedes on New York City streets at rush hour because the cops can't touch him—he has diplomatic immunity. He's the Chinese smuggler who dodges tariffs by magically transforming frozen chickens into frozen turkeys. The dictator, the warlord, the unscrupulous bureaucrat who bilks the developing world of billions in aid. The calculating crook who views stealing and murder as just another part of his business strategy. And, in the wrong set of circumstances, he might just be you. In Economic Gangsters, Raymond Fisman and Edward Miguel take readers into the secretive, chaotic, and brutal worlds inhabited by these lawless and violent thugs. Join these two sleuthing economists as they follow the foreign aid money trail into the grasping hands of corrupt governments and shady underworld characters. Spend time with ingenious black marketeers as they game the international system. Follow the steep rise and fall of stock prices of companies with unseemly connections to Indonesia's former dictator. See for yourself what rainfall has to do with witch killings in Tanzania—and more. Fisman and Miguel use economics to get inside the heads of these "gangsters," and propose solutions that can make a difference to the world's poor—including cash infusions to defuse violence in times of drought, and steering the World Bank away from aid programs most susceptible to corruption. In a new postscript, the authors look at how economists might use new tools to better understand, and fight back against, corruption and violence in the aftermath of the 2008 financial crisis. Take an entertaining walk on the dark side of global economic development with Economic Gangsters.

Why Nations Fail

Why Nations Fail PDF Author: Daron Acemoglu
Publisher: Currency
ISBN: 0307719227
Category : Business & Economics
Languages : en
Pages : 546

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Book Description
Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, geography? Perhaps ignorance of what the right policies are? Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence? Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities. The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions—with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories. Based on fifteen years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, including: - China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West? - Are America’s best days behind it? Are we moving from a virtuous circle in which efforts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority? - What is the most effective way to help move billions of people from the rut of poverty to prosperity? More philanthropy from the wealthy nations of the West? Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas on the interplay between inclusive political and economic institutions? Why Nations Fail will change the way you look at—and understand—the world.

The Poverty of Corrupt Nations

The Poverty of Corrupt Nations PDF Author: Roy Cullen
Publisher: Dundurn
ISBN: 0978160096
Category : Business & Economics
Languages : en
Pages : 184

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Book Description
Entrapment of the very poor is not an act of nature. Pillaging of natural resources is not an unfortunate accident. Policing that does not see crime, officials who do not enforce rules?not mistakes, either. Corruption is widespread, and the cost is high and debilitating to us all.

Lords of Poverty

Lords of Poverty PDF Author: Graham Hancock
Publisher: Atlantic Monthly Press
ISBN: 9780871134691
Category : Business & Economics
Languages : en
Pages : 258

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Book Description
"First published in Great Britain in 1989 by Macmillan London Limited"--T.p. verso. Bibliography: p. 195-226.

Corrupt Cities

Corrupt Cities PDF Author:
Publisher: World Bank Publications
ISBN: 9780821346006
Category : Political Science
Languages : en
Pages : 180

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Book Description
Much of the devastation caused by the recent earthquake in Turkey was the result of widespread corruption between the construction industry and government officials. Corruption is part of everyday public life and we tend to take it for granted. However, preventing corruption helps to raise city revenues, improve service delivery, stimulate public confidence and participation, and win elections. This book is designed to help citizens and public officials diagnose, investigate and prevent various kinds of corrupt and illicit behaviour. It focuses on systematic corruption rather than the free-lance activity of a few law-breakers, and emphasises practical preventive measures rather than purely punitive or moralistic campaigns.