Graft’s Fifty Shades Of Grey

Ruchir Sharma
Apr 13, 2025 | 20:36 IST

Though corruption is commonly cited as a leading issue in many countries, what it reveals about the state of a nation is far from straightforward



Some economists and historians see corruption as a perfectly natural symptom of early-stage development that fades as institutions mature. After all, world’s leading economy America too had its ‘robber baron’ phase, a century ago, and it passed. If this sounds like just rationalising a crime, it’s because the issue is bathed in shades of grey.
Copyright © 2024 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service.