Master's Thesis from the year 2014 in the subject Economics - Other, grade: 1,0, University of Leipzig (Institut fur Theoretische Okonomie), course: Masterarbeit, language: English, abstract: Bureaucratic inefficiency, patronage-induced overstaffing, and outright corruption retard economic development and reduce public well-being in developing countries. They prevent governments from effectively carrying out the economic plans to which they devote so much official attention, and deprive citizens of government services to which they are legally entitled. (Geddes 1991, p.371) Corruption,...