Jakob Svensson attempts to answer eight questions about corruption, ranging from the basic question of “what is corruption?” to diving into different theories of reducing corruption. He discusses the strong logarithmic relationship between GDP per capita and corruption, and how higher wages and increased competition may not actually lead to decreased corruption. In his conclusion he brings up the case of China, which has grown quickly but is ranked among the most corrupt countries, and poses two questions: is corruption less harmful to China? Or could the nation’s growth have been even quicker if corruption was decreased?
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