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Three Myths about Corruption: Some Lessons from Trinidad

By Afra Raymond | TED | February 20, 2013

Trinidad and Tobago amassed great wealth in the 1970s thanks to oil, but in 1982 it was revealed that two out of every three dollars earmarked for development had been wasted or stolen. Afra Raymond says that any public expenditure without accountability and transparency is necessarily a form of corruption.

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Read More: Business, Corruption, Democracy, Ethics, Finance, Governance, Trinidad and Tobago, Americas, Oceania

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