Economics
How Political Corruption Harms Economic Development
Quick fact
Research suggests that increasing a country's corruption level from that of a relatively clean country to that of a highly corrupt one can reduce its annual economic growth rate by over half a percentage point—a gap that compounds into massive losses over decades.
Why this is interesting
Every year, billions of dollars meant for schools, hospitals, and roads mysteriously disappear. Could it be that corruption is not just a crime but a silent killer of entire economies?