Date Published:
Jun 2007
Document Type:
R
Primary Image:
Research Document:
From an economic perspective, corruption inhibits private investment and growth, distorts public investment, subverts the merit principle, rewards those who do not play by the rules, and contributes to undermining sustainable livelihoods in an economy, especially for the poor. This, Transparency International argues, are costs which are normally shouldered by those who can least afford to bear the burden (Transparency International, 2000).