TITLE

The Cost of Corruption

AUTHOR(S)
Liu, Melinda
PUB. DATE
August 2012
SOURCE
Newsweek (Atlantic Edition);8/6/2012 (Atlantic Edition), Vol. 160 Issue 6, p8
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the proliferation of corruption in China. It cites the case of former Chinese railway minister Liu Zhijun whose projects earned him the moniker "Great Leap Liu" and later on was sacked for corruption. It elaborates on the study conducted by U.S.-based Carnegie Endowment for International Peace which pegged the cost of corruption in China at 200 billion dollars. It also mentions the other effects of corruption in China in terms of deaths and blotted government credibility.
ACCESSION #
78238859

 

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