New Books in Economics | 18 December 2020 | 0h 44m | Listen Later | iTunes
Interview with Yuen Yuen Ang about her book China’s Gilded Age: The Paradox of Economic Boom and Vast Corruption. Defines four types of corruption: petty theft, grand theft, speed money, and access money, Explains that not all types of corruption carry the same harm and have the same impact on growth. Overviews research on corruption and argues that countries that appear free of corruption are just characterized by more sophisticated forms of corruption.