Thursday, June 28, 2012

Does corruption hamper development?

Published on 27/6/2012 @ The Jakarta Post http://www.thejakartapost.com/news/2012/06/27/letter-does-corruption-hamper-development.html

Corruption is certainly bad and one of the banes of development. But sometimes, the way of illicit money is spent can make a difference. Experts have argued that Indonesia is luckier than a number of African countries regarding the impacts of corruption, because Indonesian corruptors invest or spend their money in the country, whereas African corruptors put their money abroad.