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Deputy Prime Minister and Finance Minister Mr. Igor Lukšić, PhD, on his blog published the text dedicated to the influence of corruption to the economic growth

Deputy Prime Minister and Finance Minister Mr. Igor Lukšić, PhD, on his blog published the text dedicated to the influence of corruption to the economic growth
Published date: 01.12.2010 14:09 | Author: Ivona Mihajlović - administrator

Ispis Print


“…When the economic crisis struck, debate over how to re-start the world’s financial engine took precedence over discussion about long-term institutional reform – even in countries where change was crucial. The “change” I am talking about is not a country’s long-term fiscal sustainability or imbalances in trade and finance. It is a much more down-to-earth issue. As a governing politician, I know I must choose my words and their connotations extremely carefully, but I’m not going to beat around the bush: Corruption. It is an enemy that we must never make a truce with, even though it might help us win short-term victories against fiscal hardship. Why? Because corruption will stab you in the back…”