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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (323732)1/30/2007 1:59:07 PM
From: TimF  Read Replies (1) of 1574150
 
And yet the author says nothing about Latin American corruption effecting economic growth

That isn't true.

You even quoted it.

"But the reason is probably this: Vested interests -- in the political, the business or the labor communities -- have been in a stronger position in Latin America than elsewhere to get the political and legal institutions to protect them."

He didn't use the word corruption, but what he described is an example of corruption. The government "protecting" its friends, or those who bribe it, at the expense of the economy of the country as a whole (and thus at the expense of ordinary people) is corrupt.
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