Note, however, that first-world countries are often corrupt as well,
Yes. That’s also on of the reasons why we in the EU don’t simply let a city hand out subsidies to whatever company it wants. Having rules that forbid that on EU level means that a city officiel can’t simply give the company of his friend huge subsidies.
If the city buys something they can’t simply go to one company and make a secret deal but they have to accept proposals from a lot of companies for the contract.
Less power means that they can’t do as much harm through corruption. When you however start given the city the task to hand out subsidies to see that flats get build because everyone has a right to housing, there’s more opportunity for corruption.
And it’s not just Western companies who invest, and who want to avoid the government getting in their way.
Yes, I think a bunch of those third world cell phone companies are even domestic.
Yes. That’s also on of the reasons why we in the EU don’t simply let a city hand out subsidies to whatever company it wants. Having rules that forbid that on EU level means that a city officiel can’t simply give the company of his friend huge subsidies.
If the city buys something they can’t simply go to one company and make a secret deal but they have to accept proposals from a lot of companies for the contract.
Less power means that they can’t do as much harm through corruption. When you however start given the city the task to hand out subsidies to see that flats get build because everyone has a right to housing, there’s more opportunity for corruption.
Yes, I think a bunch of those third world cell phone companies are even domestic.