A few days ago UNICEF publicized for the first time the prices it pays for vaccines for kids in poor countries. It revealed that western drug companies charge $1 more than Indian companies. UNICEF buys over two billion doses a year. It is clear that this kind of information sharing by publicizing prices in the public sector has a huge impact. A recent article on waste and … [Read more...] about Corruption and waste: one example and four lessons
corruption
Corruption and education: three stories
The idea that corruption has negative effects on investment and growth has been in the development economics literature for quite a while. Some believe that the real problems lie on institutional and political structures and that the focus should be placed in reforming them. Others think that corruption cannot be solved if poverty and exclusion are not addressed. A … [Read more...] about Corruption and education: three stories