Cash, Corruption and Economic Development

£24.99

Cash, Corruption and Economic Development

International economics Development economics and emerging economies Banking Business strategy International business Management of specific areas Sales and marketing

Author: Vikram Vashisht

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Collection: Routledge Focus on Economics and Finance

Language: English

Published by: Routledge

Published on: 18th May 2017

Format: LCP-protected ePub

Size: 560 Kb

ISBN: 9781351663441


Have you ever asked yourself what gives comfort to someone who demands and accepts a bribe, sells drugs or commits professional crimes for money? The majority of these people are not wealthy, and they accept small amounts of money every day from their victims.

Cash, Corruption and Economic Development

examines the causes of corruption and crime and highlights what brings comfort to all those who accept bribes and kickbacks, arguing that it is paper currency because it does not leave a signature of its movement from one entity to another. The author proposes that today, with the technology available, we can make the transition to a paper currency-free economy, which will help reduce corruption and crime and give a boost to economic development. The book analyses the causes of corruption and presents a replacement for the current model, to be implemented by a central bank and followed by banks operating within its jurisdiction.

This book will be of interest to economists, students of economics and finance, and all those who have suffered as a result of corruption and professional crime and want these practices to end.

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