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Latin American Economy & Business - February 2017 (ISSN 1741-7430)

Venezuela: The cost of corruption – a big unknown

Of the many countries in Latin America plagued by corruption, Brazil clearly has stood out in the past 18 months. Transparency International and others believe that the situation in Venezuela, however, is also very serious; albeit in the absence of data it is almost impossible to know the true extent of the problem.

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