think of when you hear the word millionaire? Do you envision fancy cars‚ expensive attire‚ sparkly jewelry‚ an elaborate mansion? I know I did‚ that is until I read the book “The Millionaire Next Door” by Thomas J. Stanley and William D. Danko. Did you know that your typical millionaire may be living in your neighborhood or sitting at the next table over in your favorite family restaurant? The book is based on in-depth interviews and research of American millionaires and how they are able to stay
Premium Wealth Capital accumulation
Asia-Pacific Development Journal Vol. 7‚ No. 2‚ December 2000 CORRUPTION: CAUSES‚ CONSEQUENCES AND CURES U Myint* The paper stresses the need to keep the issue of corruption squarely in view in the development agenda. It discusses the causes and consequences of corruption‚ especially in the context of a least developed country with considerable regulation and central direction. Lack of transparency‚ accountability and consistency‚ as well as institutional weaknesses such as in the legislative
Premium Developed country Political corruption Bribery
Corruption in any form is treated as an incurable disease‚ a cause of many social and economical evils in the society and it damages the moral and ethical fibres of the civilization. Indisputably‚ it is correct that corruption breeds many evils in the society and once corruption starts taking place‚ slowly and gradually whole country passes through its net and it becomes after sometime an incurable disease. From the point of view of economic growth‚ there seems to be no clear cut correlation between
Premium Economics Economic growth Decision making
no major significance at global level help improve image of a large ancient nation like India? Delhi Government is planning to throw out all beggars and poor street vendors to project the capital as a ’world class city’. But can we hide widespread poverty‚ hunger and illiteracy from the world? And‚ for how long? Wouldn’t it be better if the taxpayers’ money was utilised in improving the living standard of millions of poor of Delhi and the rest of India? is it a waste of money or not ? decide urslf
Premium India Delhi 2010 Commonwealth Games
CORRUPTION: The long and short of it The recent turn of events in our country point towards a mass awakening to the scar of corruption and deeply it has trickled down into the grass roots of each and every sphere of India. People‚ rather the masses‚ are waking up and smelling the coffee and taking law in their own hands by questioning the government about each and every step taken by them in the past few years. The motto seems to be “civil disobedience”‚ a far cry from the peaceful protests held
Premium Political corruption Corruption Bribery
Introduction Corruption is defined by the World Bank and Transparency International (TI) as “the misuse of public office for private gain.”1 Though the defination is too narrow in meaning but Corruption is a global phenomenon. It articulates the whole system from primary to secondary level government and non-government officials. It is so involved in our social system that is today necessity to have it for development of low economic disables. The graveness of this menace can be observed from the
Premium Political corruption Corruption Transparency International
widespread corruption for many years. For 2012‚ China was ranked 80th out of 178 countries in Transparency International’s Corruption Perceptions Index‚ ranking below the most of developed countries. This severe problem has become the target of public criticism. The 2002 Mainland China national survey‚ a part of the Asian Barometer Survey I‚ indicated that almost half of people view corruption in government as a common and serious problem. Then what are the determinants of corruption? According
Premium Mass media China People's Republic of China
CORRUPTION Anytime corruption is mentioned in Ghana‚ politicians and especially government ministers become the easy targets. Why not them? Because the impression has been created that it is only when you are a minister or a politician that you can make ill-gotten wealth or be corrupted. As a result‚ many low level officials in governmental institutions and agencies who daily rob citizens of Ghana for services rendered are left off the hook. Just imagine this. A friend of mine who lives in Belgium
Premium Political corruption Money Corruption
CORRUPTION SCANDALS IN THE PHILIPPINES Nowadays foreigners and citizens alike say that the Philippines has the most corrupt leadership and economy. Corruption in the Philippines has become "a humanitarian crisis" and scandals increasingly seem to dominate the news. The worsening corruption has eaten up the right of every citizen to good governance‚ freedom‚ decent life‚ and more importantly his or her dignity. Corruption is a serious obstacle to the social and economic development of a
Premium Political corruption Bribery Foreign Corrupt Practices Act
congress saying corruption has now became a raging epidemic. 2. Thank you all for your presence at this stage to talk about a subject that is of interest to all of us. I refer to corruption. Corruption Corruption is a global phenomenon. Corruption is a disease in both endemic and epidemic. It marks mockery of administration‚ development and democracy. Corruption in public life has reached an alarming stage and has enraged. Globally a sensitive issue the level of corruption has also increased
Premium Human rights Fraud Politics