ARCC - Eliminating Corruption in Emerging Markets
ARCC - Eliminating Corruption in Emerging Markets Problem As an Indonesian, I strongly agree with IBMR which states that corruption is the root of problems that hinder the development of a country. Simply put, corrupt government means that everything related to government is based on money. You need to pay money to win and run an infrastructure project, you need to pay money to get a position in government, and so on. As a result, rich people are getting richer, rulers are increasingly in power, and competent people do not have a stage to show off. All that actually happened in Indonesia. Although Indonesia has been established for 74 years and has abundant human and natural resources, because of unhealthy governance, Indonesia's development is very slow compared to other countries so that many of its residents experience social and economic problems. Corruption in Indonesia has become rampant, structured, and has even become a culture at every level of government. ...