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The Growth and Corruption Correlation: Its impact on the achievement of middle income status
That corruption adversely affects economic development has become commonplace knowledge. Corruption damages economic development and keeps people poor. As Vaclav Havel, former Czech President (October 2001) observed: Corruption may either deter investment or render it less productive through its adverse impact on the risk and cost of doing business.
There appears to be worrisome evidence of a perception of high levels of corruption as well as tolerance for corruption in Ghana. The recent four-urban cities in Southern Ghana survey of the Ghana Integrity Initiative (GII) repo…
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