Shang-Jin Wei , an economist and project director of Corruption and Poor Public Governance, answers your questions about these and other related issues. Our time us up. Thanks very much for your excellent questions, and thanks to Shang-Jin Wei for taking the time to respond. Look for additional weekly chats with Brookings scholars on the chat page . Dear Dr. Wei 1.
Corruption hurts every economy.
It is worse, it corrupts individuals who are authorized to carry out work. In fact, corruption forms a club which gets bigger by the hour. These are all bad. But the fact remains that in developed nations as well corruption exists very much. Thankfully though, it remains at the higher level and has not reached the low income level.