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presentation by hon. t. biti, mp university of sydney international ...

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Factors Responsible for Poor<br />

Growth<br />

The Leakage Trap<br />

Millions <strong>of</strong> dollars continue to be lost<br />

through corruption, arbitrage, and rent<br />

seeking activities in many countries in<br />

Africa.<br />

most Governments are using the State<br />

as a vehicle for accumulation, with<br />

whoever is in power abusing state<br />

resources, thus reducing fiscal space.

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