More money does not lead to better governance
Friday, June 24, 2011 - 10:30
in Mathematics & Economics
Good governance is a condition of economic progress in developing countries. But when people in a corrupt country start earning more money, the result is not development but more corruption. These findings are outlined in a publication by Wageningen UR development economists Maarten Voors and Erwin Bulte in the Journal of African Economies.