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Quotable Quote

Jan 30, 2006 02:49 PM
 

“Privatization has made matters so much worse that in many countries, [it] is jokingly referred to as ‘briberization’.” Joseph Stiglitz, chief economist at the World Bank from 1997 to 2000, quoted in the Association of Chartered Certified Accountants International Public Sector Bulletin, December 2005.