Thursday NO DUH: IMF Says “Excessive Regulation Can Encourage Corruption” - InvestingChannel

Thursday NO DUH: IMF Says “Excessive Regulation Can Encourage Corruption”

NOT The Onion. Highly paid bureaucrats just solved an elusive mystery: Red tape breeds corruption. One recommendation they give is to create new (and regulated) “task forces” to look into the matter. That’s not their only recommendation… First the epiphany: Cutting red tape can reduce #corruption in #LatAm and other regions https://t.co/usThSr4QcL pic.twitter.com/qg0R8CEZs0 — IMF (@IMFNews) September 28, 2017 […]

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