Tag Archives | political development

Strengthening Access to Finance for Micro, Small and Medium Enterprises (MSMEs) in Nigeria

Corruption — the world’s third largest ‘industry’

The biggest issue facing business today is how to grow in a low growth economy. This is the challenge facing the G20 leaders when they meet in Brisbane later this week. Against that backdrop, corruption has a staggering impact on economic growth. At $3 trillion or around 5 percent of global GDP, if corruption were an industry, it would be the world’s third largest.

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