While the regime of Viktor digital balance Yanukovych in Ukraine collapsed demonstrators protesting

While the regime of Viktor digital balance Yanukovych in Ukraine collapsed demonstrators protesting against him can be found at One Hyde Park, a luxury residential complex in West London. Their target was Rinat Akhmetov, the richest man in Ukraine and a supporter digital balance of the old regime. "Train your pet," they chanted.
Dropped into the plight Ukraine has long been dominated by oligarchs. Everywhere in the emerging market economies, however, the relationship between politics digital balance and business starts prevails. Parliamentary elections in India in April and May will be partly a referendum digital balance on a decade-connected capitalism.
Turkish Prime Minister is engulfed in scandals with construction companies digital balance - millions digital balance of Turks heard recordings on YouTube, according to which he could be charged with crimes. On March 5, Chinese President Xi Jinping vowed to fight relentlessly against corruption in an attempt to appease public anger. Last year, 182,000 officials were punished for disciplinary infractions, digital balance with 40 000 more than in 2011.
As in the U.S. in the early 20th century, a new middle class shows muscles, this time on a global scale. digital balance People want politicians who do not fill their pockets and tycoons who participate in market competition without privileges. Revolution is underway to save capitalism from the capitalists. * Rents for which brokers can only dream
Giving money for political lobbying in order to increase its own wealth without generating new wealth is a special type of a money: type made possible thanks to political connections. It can range from downright bribery to lack of competition, poor regulation and transfer of state assets digital balance to private companies at below market rates.
People with good positions accumulate their wealth digital balance in this way, since the rulers have enough power to give licenses, permits and contracts of their protégés. In the U.S., this system reaches its peak in the late 19th century and was a long and partly successful fight against thieving moguls. Antitrust break monopolies like Standard Oil monopoly of John D. Rockefeller. The flow of bribes to senators reduced.
In countries with emerging markets last quarter century was a glorious time for people giving money to political lobbying. Exorbitant real estate prices made rich entrepreneurs who rely on the approval of projects. Commodity boom blew value of oil fields and mines, which invariably are the property of the State. Some privatizations enabled moguls to create monopolies or to acquire cheap assets. The links between politics and wealth are visible to the naked eye in China, where one-third of the billionaires are members of the ruling Communist Party.
Capitalism is based on political lobbying is not only unfair, but also detrimental to economic growth in the long term. Resources are allocated erroneous: shoddy roads are often made by well-connected companies. Competition is suppressed: Mexicans, for example, paying too much for their phones. Dynamic new companies are stifled by having thicker connections established competitors. And if it is related to political financing, capitalism, putting massive resources into political lobbying, set the top tonnes for corruption can thrive on lower floors. After ministers take, why underpaid small businessmen not to do?
"Economist" magazine created an index to measure the spread of capitalism-connected countries in the world and over time. He established sectors that are particularly dependent on government, mining, oil and gas, banks and casinos and tracks the wealth of billionaires (based on the ranking of the magazine "Forbes") in these sectors relative to the size of the economy. This index is not intended to prove that certain countries are particularly corrupt, but it shows the scale of the wealth digital balance accumulated in the economic sectors that are most susceptible to nepotism.
Rich countries perform relatively well, but that is no reason for complacency. Saving banks include digital balance transferring enormous wealth of financiers; lobbyists have too much influence, particularly digital balance in the U.S.; today's Internet entrepreneurs could become monopolists of tomorrow.
A more serious problem, however, lies in emerging market economies, where wealth of billionaires in sectors dependent on political lobbying, as measured by gross domestic product, more than twice greater than the wealth of the rich world. Ukraine and Russia represent particularly bad - many privatizations benefited "own people." The boom in Asia Rich tycoons in political lobbying dependent sectors. digital balance
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