In 2011 Greek finance minister Yanis Varoufakis said Grexit 'would send us back to the Neolithic age'
Yanis Varoufakis has enjoyed a sudden celebrity status since the January election that promoted him from an economics professor to finance minister of one of the world’s most financially troubled nations. Because of that, unlike many politicians, he’s written reams of stuff on current issues — and economics consultancy Fathom have dug out a great quote on what Varoufakis thought a Grexit (Greek exit from the eurozone) would mean for his country, which he wrote in 2011…
The recent FIFA scandal shone a spotlight on the prevalence of global corruption. A recent report from Verisk Maplecroft, a risk analysis and forecasting company, now identifies where similar occurrences happen most often in the world. Defining corruption as “exerting influence, often through the provision of money or favours, to obtain a service,” Verisk examined the economies of 198 countries from August 2012 to August 2014 based on reports by Transparency International, Freedom House, and the US Department of State and determined that developing countries in Sub-Saharan Africa and the Middle East suffer the most from corrupt practices…
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