CAMBRIDGE: In the last few years, corruption in the former socialist countries has been growing rapidly. In many countries, businesses, small and large, domestic and foreign, pay bribes to officials. The growth of corruption has alarmed policy makers and business people from the Baltics to Bishkek. Some critics even charge that increased corruption exposes the failure of economic reforms, particularly privatization. If only reforms were slower, corruption would not have grown as much.
CAMBRIDGE: In the last few years, corruption in the former socialist countries has been growing rapidly. In many countries, businesses, small and large, domestic and foreign, pay bribes to officials. The growth of corruption has alarmed policy makers and business people from the Baltics to Bishkek. Some critics even charge that increased corruption exposes the failure of economic reforms, particularly privatization. If only reforms were slower, corruption would not have grown as much.