Thursday, September 17, 2009

Concern about corruption

Books of Account
India: Monetary Policy, Financial Stability and Other Essays
C. Rangarajan
( http://www.academicfoundation.com/ )

Two-fold fight against corruption

Concern about corruption is as old as the history of government, bemoans C. Rangarajan in India: Monetary Policy, Financial Stability and Other Essays. He cites a snatch from The Politics, by Aristotle dating back to 350 BC, that ‘to protect the treasury from being defrauded, let all money be issued openly in front of the whole city, and let copies of the accounts be deposited in various wards.’

More

No comments: