Economic Gangsters

Economic Gangsters is a terrific read, for any one interested in understanding the corruption, violence and the poverty of nations. Day to day we come across wide range of political scandals and nepotism in rise, in these times it is critical to isolate sound from noise. Raymond Fisman and Edward Miguel presented a way to measure the corruption in economic terms rather than citizen’s perception towards corruption and poverty.

We believe that the development world’s best hope is to make policy decision based on rational analysis rather than ideology

The critical takeaways include:

Indonesia: What’s it worth to be the president’s son?

Smuggling as a business: A measure for Smuggling gap and business strategies in China and Hong Kong  and smuggled goods in US from Italy

Diplomatic corruption: A take on the parking violations and culture of corruption

No water no peace in Chad, takes you into a journey of explaining relation between water, food security and war in Central Africa

Tanzania’s Witch hunt, give you insights into religious zealots and its relation with Rapid Conflict Prevention Support (RCPS)

I was raised in India, where there is a lot of noise in media on corrupt ruling and opposition political parties. I am interested in how to separate the truth and read between the lines, atleast theoretically. Economic Gangsters presents you with the rational analysis tools to measure global corruption and its interrelation with poverty.