Sunday, February 1, 2015

Global consequences of corruption

Nitin Nohria, dean of Harvard Business School, believes small, incremental bribes can create a moral climate where large-scale corruption becomes pervasive. He says corruption is like pollution: "If someone throws a single empty soda bottle in a river, it may seem a trifling offence, because the river is so large and the soda bottle so small. Repeated exposure to small acts of pollution makes such behaviour commonplace and socially acceptable. ... That’s visible evidence of how the accumulation of small misdeeds can imperil the ability of a system to function—whether the system is a river or, writ large, an economy."

Read the op-ed by Nitin Nohria in Live Mint. http://www.livemint.com/Politics/NPByprN1TpN8qJ42r1xa6I/Global-consequences-of-corruption.html

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