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The Problem of Corruption: A Transparent Paradox

Explore the world problem of corruption and its impact on society. Discover the costs of corruption, the paradox of transparency, and potential solutions. Is zero tolerance the answer?

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The Problem of Corruption: A Transparent Paradox

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  1. Mercers’ School Memorial Professor of CommerceMichael Mainelli What I Like About This Country Is That It Has A Nice Level Of Corruption!

  2. Outline • A world problem • Home truths • Transparent definition • Cost of Corruption • Overtipping • Transparently a paradox • Solutions? • Zero tolerance? “Get a detailed grip on the big picture.”Chao Kli Ning

  3. A World Problem “So far as our institution is concerned, there is nothing more important than the issue of corruption . . . At the core of the incidence of poverty is the issue of equity, and at the core of the issues of equity is the issue of corruption.” James D. Wolfensohn President of the World Bank October 1999 Address to the Ninth International Anti-Corruption Conference in Durban, South Africa, as quoted in The World Bank, Helping Countries Combat Corruption: Progress at the World Bank Since 1997 6 (2000)

  4. Mauritius – Take a Boat

  5. Squeaky Clean

  6. Blacker Than White

  7. Not A Fake Copy

  8. Quality Copy

  9. Transparent Definition “the misuse of entrusted power for private gain”

  10. Banking On Corruption

  11. Schmiergeld

  12. Equality and Property

  13. Costs of Corruption

  14. Olfaction http://www.adamzyglis.com/images/cartoon360.jpg

  15. Agency Theory [Source: http://en.wikipedia.org/wiki/Principal-agent_problem]

  16. Agency Problem!

  17. No Option?

  18. Community Service

  19. Wanga Manga http://youthink.worldbank.org/multimedia/gallery/manga_passage6/page04.php

  20. Zero Tolerance?

  21. Civility or Corruption?

  22. Discussion • Is there a Goldilocks level of corruption – not too much, not too little, but just right? • Would absolutely no corruption mean absolute gridlock?

  23. What I Like About This Country Is That It Has A Nice Level Of Corruption! Thank you! “Get a big picture grip on the details.”Chao Kli Ning

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