Policy Memo for the Emerging Markets

Policy Memo for the Emerging Markets
Emerging markets have the highest rates of corruption. They occur in the form of using money and authority to achieve an objective. Corrupt countries often develop at a slower pace than less corrupt countries. This happens because the vice hinders the economy from functioning freely, and promotes income inequality. This policy memo provides a description of the causes and effects of corruption in Kazakhstan and India. It also explains how it can be controlled.

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