The blind Spots in the UN development agenda: (Corruption Matters, positively)
It helps to remember: every economic marvel of its day–from the US to China to (dare I say) England — were paragons of corruption. Few can match Tammany Hall or the Chinese Communist Party in their ingenious machinations. It’s not clear this is a hindrance to development. Taking the long view, corruption may even be part of the glue that keeps societies from falling apart in the midst of transformative economic change–like it or not, elites need something to compensate them for losing their influence, or the’re unlikely to let go without a fight. My feeling: Anti-corruption is a 20th century Anglo-American fetish, important, but nowhere near as important as political stability or basic property rights.
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