Is corruption always bad for economic development and growth? What are some counter-arguments?

Middle Class in the Arab Region
March 13, 2020
Personality Analysis using Psychological Personality Theory
March 13, 2020

Is corruption always bad for economic development and growth? What are some counter-arguments?

In this assignment you are required to read the articles uploaded in Canvas
regarding “Corruption, Economic Development and Growth” and try to answer the following questions:
• Is corruption always bad for economic development and growth? What are some counter-arguments?
• Should corruption be seen as “sand in the wheels of prosperity” or “grease for the squeaking wheel of rigid administration”?
• Is corruption more of a “moral/cultural issue” or “governance/bureaucracy issue” or “both”?
• What are some ways of alleviating corruption? To what extent these policies
work?
• Should foreign donors care about corruption in developing countries

Your written answer should not be more than 600 words. Please refer to the “Assignment Instruction” for details.