Corruption is a global problem that poses a threat to economic growth‚ democracy and the political stability of both wealthy and poor countries alike (Gomez‚ 2002). Furthermore‚ Farazmand (1999: 518) argues that "corruption challenges the very foundations of societal health and destroys citizens ’ trust in leadership and system". Consequently many countries have attempted to curb internal corruption that affects all levels of government and society. However‚ Asian countries have been particular unsuccessful
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History 1620/Spring April 10‚ 2015 Week 4 Discussion Questions 1. Why was corruption so rampant in American politics during this period? Was it worse than today? If so‚ why? American politics were so corrupt during the guilded age. This‚ in part‚ is because of the way people affiliated themselves. During this time period‚ it didn’t matter your candidate said or did‚ you had to be loyal and vote for your party. Also the corruption was so bad because the political machines would partner with the ward
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So is Europe‚ as it takes advantage of lower coal prices in the United States. Higher-priced natural gas on the Continent is creating demand for more coal imports from the United States‚ where coal is taking a drubbing from less expensive natural gas.l demand for coal is expected to grow to 8.9 billion tons by 2016 from 7.9 billion tons this year. China is expected to add about 160 new coal-fired plants to the 620 operating now‚ within four years. During that period‚ India will add more than 46 plants
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Author by ------------------------------------------------- Mohamed Waheed Does Political Corruption affect Economic Growth in Transitional Democracies? The call for democracy in the name of economic growth and prosperity has never been louder than it is today. Recent movements such as the “Arab Spring” are attempts to establish a democratic system of government in countries where authoritarians‚ bribery‚ and abject poverty are widespread. According Nye (2009)‚ a professor of economics at
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INVESTINGATING THE RELATIONSHIP AMONG CORRUPTION‚ POVERTY AND ECONOMIC GROWTH – NIGERIAN PERSPECTIVE ABSTRACT A plethora of empirical studies attempted investigating the causal relationship between corruption and poverty. But the outcome of those studies produced mixed results in a regression model that captured only two variables. In this investigated bivariate model‚ economic growth as an important variable was not included. In fact‚ omitting such an important variable could seriously affect
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Gift Giving‚ Bribery and Corruption: Ethical Management of Business Relationships in China Gift giving is a prevalent social custom in China in all areas of life: in family and in significant relationships (guanxi)‚ as well as in dealing with political authorities‚ social institutions and business people. For all that‚ from an ethical perspective‚ it is very difficult to know when it is proper to give or receive a gift‚ what sort of gift is appropriate‚ or what social obligations gift
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How does the political corruption affect the business environment in Russian Federation? ABSTRACT This paper aims to analyze and describe the influence and the scale of the corruption on business environment in Russia‚ and the consequences for the society. The paper will start by examining “The Collapse of The Soviet Union and The Rise of Russia” as the prerequisite for the escalation of the corruption among Government officials‚ the
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Coal allocation scam or Coalgate‚[1] as referred by the media‚ is a political scandal concerning the Indian government’s allocation of the nation’s coal deposits to public sector entities (PSEs) and private companies. In a draft report issued in March 2012‚ the Comptroller and Auditor General of India (CAG) office accused the Government of India of allocating coal blocks in an inefficient manner during the period 2004-2009. Over the Summer of 2012‚ the opposition BJP lodged a complaint resulting
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Argus/Coalindo Indonesian Coal Index Report Weekly average ICI* prices Issue 040 Friday 05 October 2012 Indonesian Coal Indices incorporating assessments by Argus Media and PT Coalindo** Grade (kcal) Indonesian 6‚500 GAR (6‚200 NAR) Indonesian 5‚800 GAR (5‚500 NAR) Indonesian 5‚000 GAR (4‚600 NAR) Indonesian 4‚200 GAR (3‚800 NAR) Indonesian 3‚400 GAR (3‚000 NAR) Price(US$/t) 87.55 72.16 56.08 39.13 28.52 Monthly ICI averages Jul 86.45 71.68 58.41 40.28 31.11
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but one of the most important is a transportation system. One may consider two types of transportation systems: type 1 that convey overburden from bucket wheel excavators to dumping site and type 2 that is used for transportation of desired material (coal mainly) from bucket wheel excavators to a power plant or to another transportation system. A special feature in both cases is length of conveyor that may even reach 30 km. For example in one of the biggest lignite mine in Poland total length of conveyors
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