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Topic: |
Book Reports
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Number of pages / Number of words: |
8 / 2190 |
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These kinds of monetary incentives are usually enough to swing any would-be fair public servant in China into a corrupted blight on the system. The fact that the corruption is so widespread is heavily hit upon by Kristof. He gives accounts of peasants making $45 a year being forced to pay $300 fees to pay for services they will never see or for taxes that go straight into an official's pocket...
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Bribes are a huge part of Chinese politics. With enough of them, one can apparently get away with even the most corrupt ventures for at least a while, and most problems can be solved indefinitely. While it can not solve everything, bribing leads to the building of guanxi which is true power in China...
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General points of the essay
evolution of monetary system
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Talks On The Fair Value Introduced In The China New Accounting Standards
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China's Education System
Motivation Through Non-Monetary Incentives
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