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Corruption and its Manifestation in the Persian Gulf (Hardcover)
Loot Price: R2,746
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Corruption and its Manifestation in the Persian Gulf (Hardcover)
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The authors of this timely book investigate various forms and
measures of corruption, examine whether corruption is more acute in
Persian Gulf countries than elsewhere, and illustrate the unique
forms it takes in oil- and natural gas-rich economies. They also
analyze the major factors that promote corrupt practices and how
they impact economic growth and social development. While
corruption is globally pervasive and adversely affects the
interests of citizens worldwide, it has perhaps received the most
notoriety in developing countries that have an abundance of mineral
deposits. Among these developing countries, the oil-exporting
countries of the Persian Gulf have received a significant amount of
this attention in the popular media. This book argues that for
intergenerational equity to be preserved while exploiting oil and
gas reserves, other forms of capital must replace their depletion
to preserve a constant capital stock. Corruption, wasteful
expenditures - such as spending on armament and war - and even
productive expenditures - those that enrich individual segments of
society - rob much of the world's population. The authors conclude
the book by offering a radical solution for containing corruption
in natural resource-rich countries. This timely and
thought-provoking work will resonate within the academic and
business worlds alike. Those interested in Middle Eastern studies,
the Persian Gulf, multinational corporations, corporate governance
efforts and private NGOs will find this book of particular
importance.
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