Detailed text transcripts for TV channel - CNN - 20110515:17:27:00
It had the usual third-world culture. that changed under lee kuan yew. he decided to pay government officials at power with those in the private sector. that killed the incentive for officials to be corrupt. the singapore solution is expensive especially for large countries with large bureaucracies but would probably still be a bargain considering how much corruption costs most economies. another innovative idea came out of africa. a sudanese-born millionaire often wondered why his continent had the richest resources, the richest natural resource, and yet the poorest people. identifying corrup...