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by: World Bank
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Printed on Demand. Contact books@worldbank.org, if currently
unavailable.
The old Russian saying of 'kto kovo' (Who will get whom?)
has become 'kem skhvachena eto?' (Who has captured this?) under
the new transition economy. Instead of one major figure, such as a
Stalin or Lenin, vanquishing lesser personages to advance their
political aims, many people are taking over corporations to increase
their market domination. Their methods are no less brutal, ruthless, or
corrupt. In turn, corporations are 'capturing' the state to
influence legislation and regulation to their advantage. The advantages
for the corporations create disadvantages for the general public and
the poor in particular. In many countries, the public perceives
corruption to be woven into the basic institutional framework,
undermining governance, and weakening the credibility of the state.
Recognizing that corruption is one of the most serious obstacles to
development, the World Bank has made combating it a central
institutional priority. This report analyzes corruption across
transition countries and its potential repercussions on their country
strategy. The report places primary emphasis on the distinction between
state capture and administrative corruption while presenting strategies
to avoid both forms of corruption. These strategies recognize and
address distinctions in the levels and patterns of corruption in
transition countries.
- Shipping Weight: 0.74 lbs (0.34 kgs)
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