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What is the difference between corruption in a country and economic growth. Is corruption always a...

What is the difference between corruption in a country and economic growth. Is corruption always a bad thing?

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Answer #1

Corruption in a country may refer to many activities. It includes grafting, defalcation etc. But somewhere, on the other hand, it also includes such activities which are legal in other nations but not in our country.

On the other hand, economic growth refers to an inclination of the services and goods which are produced by each population of the country over the duration time.

* No, there is always two sides of the coin. One we consider positive or the other negative. Same we consider for corruption also. At one side it is an evil which never gets mitigated but on another side it facilitates growth, it may also create jobs and it also reduces poverty as well.

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