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Corruption: New Insights for Fighting an Age-Old Business Problem
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The Impact of Corruption in Emerging Markets
Corruption is found in both developed and developing countries. But the difference arises from the fact that institutional structures and legal systems are often very fragile in much of the emerging world. That gives the potential for big scale corruption, perhaps more so than in many developed countries. It's a grand corruption the sense it its a grand misaplocation of talent where skilled talent is particularly scarce.
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