Catherine and Neill Stansbury of the Global Infrastructure Anti-Corruption Centre explore the problem of corruption. Corruption causes significant damage and undermines the proper functioning of society. It can have devastating consequences for individuals and organisations affected by or involvedin it. Corruption is normally concealed, and in most cases is not uncovered. If it is uncovered, it may not be investigated and prosecuted. If we donot know the full extent of corruption that has occurred, then we cannot quantify the resultant cost. However, even though an actual figure will never be known, it is revealing to consider how significant the cost of corruption may be if you use assumed figures.
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