Search results
Results from the WOW.Com Content Network
Corruption in the United States is the act of government officials abusing their political powers for private gain, typically through bribery or other methods, in the United States government. Corruption in the United States has been a perennial political issue, peaking in the Jacksonian era and the Gilded Age before declining with the reforms ...
Due to the fact that technological advances are primarily driven by investment, this correlation also reveals that corruption can negatively affect total factor productivity. According to Pak Hung Mo, political instability is the most important channel through which corruption affects economic growth. This study shows that a 1% increase in the ...
Corruption ranges from small favors between a small number of people (petty corruption), [16] to corruption that affects the government on a large scale (grand corruption), and corruption that is so prevalent that it is part of the everyday structure of society, including corruption as one of the symptoms of organized crime (systemic corruption ...
Even in high-income democracies with well-established legal systems and freedom of the press in place, a larger state is generally associated with increased political corruption. [ 16 ] The term crony capitalism was initially applied to states involved in the 1997 Asian financial crisis such as Indonesia, South Korea and Thailand.
The "mother of all bubbles" is due to pop soon as U.S. outperformance has been inflated by massive amounts of debt, warned Ruchir Sharma, chair of Rockefeller International. The U.S. has become ...
More than 4 million Americans gouged by credit repair companies including Lexington Law and CreditRepair.com will soon collectively receive $1.8 billion in refund checks, the Consumer Financial ...
It’s no secret that Latin America has long suffered from chronic corruption, but a new ranking of the world’s most corrupt countries shows that the problem in the region is getting worse.
The type of corruption often occurring in constitutional states or state transitioning to a more democratic society is called grey corruption is considered reprehensible according to a society's moral norms, but the persons involved are still mostly lacking any sense of doing something wrong.