Welcome to my personal blog. I mostly write on entrepreneurship, economics, libertarianism, movies, and my travels.

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Sep 7, 2011

In developing countries, government is usually the problem


I was going through a blog post titled "20 Things I’ve Learned From Traveling Around the World for Three Years" by Gary Arndt in Tim Ferriss's blog. One of the things he has learnt really caught my eye. Below is his lesson no 16:

16) In developing countries, government is usually the problem.

I have been shocked at the level of corruption that exists in most developing countries. Even if it is technically a democracy, most nations are run by and for the benefit of the elites that control the institutions of power. Political killings, bribery, extortion and kickbacks are the norm in many places. There is little difference between the Mafia and the governments in some countries I’ve visited. The corruption in the Philippines was especially surprising. It isn’t just the people at the top who are corrupt. I’ve seen cops shake people down on the street for money, cigarettes or booze.