This Chapter Argues That the World Bank's Approach to Corruption

question 41

Multiple Choice

This chapter argues that the World Bank's approach to corruption is

• A) effective when dealing with cases in postsocialist nations.
• B) wrong to assume that the state (public)-private dichotomy is universal and that it takes a similar form in all societies.
• C) right to assume that the fallacy of underdifferentiation applies equally to all societies.
• D) wrong to assume that in postsocialist nations officials don't respect business moral codes.
• E) ineffective, because it lacks the expertise of ethnographically informed secret agents.

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Definitions:

Economy Moves

Refers to the overall changes or shifts in economic activity, growth, and health within a particular economy over time.

Ceteris Paribus

A Latin phrase meaning "other things being equal," used in economics to isolate the effect of one variable by holding others constant.

Consumer Income

Refers to the total earnings or financial inflow that consumers receive from all sources, affecting their purchasing power and demand for goods and services.

Equilibrium Price

The price at which the quantity of goods supplied matches the quantity of goods demanded in a market, leading to a stable market condition.