Corruption is among the greatest obstacles to economic and social development.
The harmful effects of corruption are especially severe on the poor, who are hardest hit by economic decline, most reliant on the provision of public services, and least capable of paying the extra costs associated with bribery, fraud, and the misappropriation of economic privileges.
Corruption also represents a significant additional cost of doing business in many developing countries. It undermines development by distorting the rule of law and weakening the institutional foundation upon which economic growth depends.
DOING AGRIBUSINESS IN AFRICA: AVOIDING CORRUPTION TO. CAPITALIZE ON GROWTH.
By B. Katt & D. Simon
Believe that in Africa, and in particular sub-Saharan. Africa, is on the verge of a new boom in agriculture and agriculture-related business.
After decades of decline in per capita food production, a new optimism has emerged about the prospects for Africa and African agriculture.