Though corruption is commonly cited as a leading issue in many countries, what it reveals about the state of a nation is far from straightforward

Some economists and historians see corruption as a perfectly natural symptom of early-stage development that fades as institutions mature. After all, world’s leading economy America too had its ‘robber baron’ phase, a century ago, and it passed. If this sounds like just rationalising a crime, it’s because the issue is bathed in shades of grey.

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