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Corruption

In: VALUES AT THE CORE How Human Values Contribute to the Rise of Nations

Author

Listed:
  • Thomas Grandjean
  • ChinHwee Tan

Abstract

On October 14, 1985, Mobutu Sese Seko, the president of the Democratic Republic of the Congo (DRC) for the past 20 years, was celebrating his 55th birthday in his hometown of Gbadolite. To mark the occasion, he had requested the services of Gaston Lenôtre, the lead pastry chef in the world, to fly in from Paris on a Concorde jet to prepare his birthday cake. The main party was held at one of Mobutu’s palaces, where guests could enjoy the best dishes brought in from around the world and a wine cellar that was rumored to be one of the finest. Not all the food was imported: the town was surrounded by palm oil, coffee, and coconut plantations; orange and grapefruit groves; and beef and dairy cattle ranches…

Suggested Citation

  • Thomas Grandjean & ChinHwee Tan, 2020. "Corruption," World Scientific Book Chapters, in: VALUES AT THE CORE How Human Values Contribute to the Rise of Nations, chapter 9, pages 127-137, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789811228537_0009
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    More about this item

    Keywords

    Values; Culture; Growth; Economic Growth; Development; Hard Work; Thrift; Trust; Social trust; Risk-Taking; China; Confucianism; Protestant Work Ethic; Policies; Political Stability; Free Markets; Education; Corruption; Rule of Law; Fiscal Policy; Monetary Policy; Covid-19; Coronavirus;
    All these keywords.

    JEL classification:

    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
    • O23 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Fiscal and Monetary Policy in Development

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