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A world of insecurity — Pranab Bardhan

In Pursuit of Development

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In India and China, the Grand Corruption Takes Place

In both countries, the business politics nexas is the main cause of grand corruption. But i would say it's more in china, this grand corruption, because there is no checks and balances. In india now they call it croni capitalism. A few business houses, whether its ambanes adanes and a few others, get special deals from the government. Same thing in china. The chinese have a big, anticorruption movement. But what i hear that those are also often against the political rivals of the top leadershipso i is against particular people.

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