{"id":10494,"date":"2014-02-03T09:00:28","date_gmt":"2014-02-03T14:00:28","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=10494"},"modified":"2014-02-03T00:24:33","modified_gmt":"2014-02-03T05:24:33","slug":"are-poor-countries-really-corrupt","status":"publish","type":"post","link":"http:\/\/www.Centives.net\/S\/2014\/are-poor-countries-really-corrupt\/","title":{"rendered":"Are Poor Countries Really Corrupt?"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2014\/02\/020314_0522_ArePoorCoun1.jpg\" width=\"641\" height=\"426\" \/><\/p>\n<p>Jason Hickel argued that it&#8217;s not poor countries that are corrupt; it is the rich:<\/p>\n<ul>\n<li>The United Kingdom&#8217;s upper house of parliament is filled not by elected politicians but by appointment and tradition.<\/li>\n<li>The LIBOR scandal showed that London&#8217;s banks were rigging the global financial system to make $100 billion in profits.<\/li>\n<li>Institutions such as the IMF and The World Bank give effective veto power to rich countries \u2013 even though they represent a minority of the world&#8217;s population.<\/li>\n<li>If any of this had been true of developing countries they would be decried as corrupt. Yet rich countries aren&#8217;t.<\/li>\n<li>In fact corruption is responsible for only about 3% of the amount of public money that is lost in developing countries.<\/li>\n<\/ul>\n<p>Read more of the argument <a href=\"http:\/\/www.aljazeera.com\/indepth\/opinion\/2014\/01\/flipping-corruption-myth-201412094213280135.html\">here<\/a>.<\/p>\n<p>Source: <a href=\"http:\/\/www.aljazeera.com\/indepth\/opinion\/2014\/01\/flipping-corruption-myth-201412094213280135.html\">Al Jazeera<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jason Hickel argued that it&#8217;s not poor countries that are corrupt; it is the rich: The United Kingdom&#8217;s upper house of parliament is filled not by elected politicians but by appointment and tradition. The LIBOR scandal showed that London&#8217;s banks were rigging the global financial system to make $100 billion in profits. Institutions such as [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10493,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10494","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2014\/02\/020314_0522_ArePoorCoun1.jpg","_links":{"self":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/10494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=10494"}],"version-history":[{"count":3,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/10494\/revisions"}],"predecessor-version":[{"id":10497,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/10494\/revisions\/10497"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/10493"}],"wp:attachment":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=10494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=10494"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=10494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}