Corruption In Development Programs
Gulzar examines why there is so much corruption in large government programs,
In the effort to include all the requisite needs and demands, while at the same time plugging all avenues of rent seeking, the scheme gets entangled in a complex maze of rules and regulations, procedures and guidelines. The marginal benefit associated with every additional layer of bureaucracy is overwhelmed by the marginal cost incurred by way of transaction rents and delays.
























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