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Tuesday, July 26, 2005
Russia's growth industry
According to The Guardian, the estimated total dollar value of bribes given in Russia this year will be $300 billion, ten times larger than was used to bribe officials in 2001. The Indem think tank which came up with the number says the increase in the dollar value of bribes is reflection of the power of the bureaucracy. The Guardian reports:
"The survey gives ammunition to critics of Vladimir Putin's administration who argue that the Kremlin has cemented the role of an all-powerful bureaucracy which has used a time of economic growth to line its own pockets rather than spread prosperity. One study has estimated that about 10% of Russia's millionaires are bureaucrats."
Posted by Paul Tuns on July 26, 2005 in International Affairs | Permalink
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