Wonderful words - ‘kleptocratic politician’

2016-11-09 06:01

GREYTOWN Gazette reader, Lynda Drogemoller­ forwarded the following definition of state capture on the World Bank website:

“Defining ‘state capture’ as the efforts of a small number of firms (or such groups as the military, ethnic groups and kleptocratic politicians) to shape the rules of the game to their advantage through illicit, non-transparent provision of private gains to public officials, he noted that examples of such behaviour include the private purchase of legislative votes, executive decrees, court decisions and illicit political party funding. This concept links the problem of corruption with vested economic, social and political interests, which in turn form key obstacles to economic reform.”

Whoever came up with “kleptocratic politicians” deserves a Nobel Prize for creativity.

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