Everyone just “knows” that “corruption” is the primary cause of...

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However, Prof Chelwa points out how this description conveniently excludes acts like transfer mispricing, trade mis-invoicing, accounting irregularities, financial mismanagement, and tax avoidance, all of which happen to be vital components of the accounting practices of multinational corporations.
"In the period of decolonisation and then of the formation of postcolonial states, Western-driven modernisation theory argued that corruption was not a ‘poison’ but an asset that helped shape the relationship between the ruling class and the state apparatus".