Tag Archives: South Korea

Why do some countries have low levels of corruption?

There is much evidence supporting the idea that certain countries, which today can be called ‘clean of corruption’, had widespread and systemic corruption in the past. If we take corruption to be one of the main barriers impeding economic development and redistribution of wealth, we may start by asking ourselves how some countries like Norway, Australia or Singapore managed to reduce their levels of corruption so significantly, to the extent that corruption is now a rare occurrence. What can be done to reduce corruption levels?
CONTINUE READING