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It's much worse. The cost of bribes is bigger then the actual sum, and incomparable for the economy as a whole. A bribe-based economy has very high barriers of
by radu_floricica 17y ago
It's much worse. The cost of bribes is bigger then the actual sum, and incomparable for the economy as a whole.
A bribe-based economy has very high barriers of entry, especially when the main client in your industry is the state. Which means low competition which means... lots of bad things.
- stcredzero 17y agolow competition which means... lots of bad things. Example: Cell Phone service in the US. Actually, that's not the worst possible, but we are lagging the rest of the world.
- aarongough 17y agoLuckily you're still getting better service than us poor Canadians!