Daily Archives: 27th May 2012

C=M+D-A. Where C= Corruption: M= Monopoly; D= Discretion and A= Accountability Corruption equals monopoly plus discretion minus accountability. Whether the activity is public, private, or non-profit, whether you are in Washington or Ouagadougou, you will tend to find corruption when someone has monopoly power over a good or service, has […]