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Cash, Corruption and Economic Development (Paperback)
Loot Price: R706
Discovery Miles 7 060
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Cash, Corruption and Economic Development (Paperback)
Series: Routledge Focus on Economics and Finance
Expected to ship within 12 - 17 working days
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Have you ever asked yourself what gives comfort to someone who
demands and accepts a bribe, sells drugs or commits professional
crimes for money? The majority of these people are not wealthy, and
they accept small amounts of money every day from their victims.
Cash, Corruption and Economic Development examines the causes of
corruption and crime and highlights what brings comfort to all
those who accept bribes and kickbacks, arguing that it is paper
currency because it does not leave a signature of its movement from
one entity to another. The author proposes that today, with the
technology available, we can make the transition to a paper
currency-free economy, which will help reduce corruption and crime
and give a boost to economic development. The book analyses the
causes of corruption and presents a replacement for the current
model, to be implemented by a central bank and followed by banks
operating within its jurisdiction. This book will be of interest to
economists, students of economics and finance, and all those who
have suffered as a result of corruption and professional crime and
want these practices to end.
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