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 œCorruption, 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 œsand in the wheels of prosperity or œgrease for the squeaking wheel of rigid administration? Is corruption more of a œmoral/cultural issue or œgovernance/bureaucracy issue or œboth? 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 œAssignment Instruction for details.

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