Transition economies are corruption prone
Rent-seeking behaviour is particularly strong in transition economies, new research from the Bank of Finland posits.
The research also finds that corruption decreases as nations attain prosperity, as economic and political freedoms increase, and as government gets larger. The research shows that the extra bureaucracy associated with larger governments does not seem to contribute to corruption. Rather, a larger government lowers corruption by strengthening checks and balances, especially in the
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