How pervasive is corruption in emerging markets?
“In the developed world, providing prospective clients with free meals and sports tickets is not considered corruption. In emerging countries, incentives are also provided to acquire business but to a more extreme degree. Buyers don’t just get free trinkets, they get hard cash, overseas trips and even free cars.
“In the developed world, providing prospective clients with free meals and sports tickets is not considered corruption because the practice is transparent. In emerging countries, incentives are also provided to acquire business but to a more extreme degree. Buyers don’t just get free trinkets, they get hard cash, overseas trips and even free cars.
