|
OT: Corruption Matrix
A friend of mine came up with a Corruption Matrix evaluating corruption in a particular nation through its cost and efficiency. The ideal conditions for inviting business into the environment would be a low cost, efficient corruption system. You get efficient bargain deals. A high cost, efficient sytem is also favorable to the business environment. The key factor would be efficiency, that is, you get what you pay for.
According to him, corruption in the Philippines is at the low end of the matrix, meaning, it is a high cost, inefficient system of corruption. You pay a lot and you get double crossed, you don't get what you pay for. According to him, this is not so inviting to the business community.
Maybe my friend is right...
|