This article is about the term for systematic corruption and thievery by the state or state-sanctioned corruption. Typically this system involves embezzlement of funds at the expense of the our worldviews textbook pdf population.
Unsourced material may be challenged and removed. This lack of oversight can be caused or exacerbated by the ability of the kleptocratic officials to control both the supply of public funds and the means of disbursal for those funds. German for “plunder economy” or “rapine economy”, where the whole economy of the state is based on robbery, looting and plundering the conquered territories. Such states are either in continuous warfare with their neighbours or they simply milk their subjects as long as they have any taxable assets. Kleptocratic governance typically ruins prospects of foreign investment and drastically weakens the domestic market and cross-border trade. Titular ornaments, common to Spanish kleptocracy.
A list of Russian and Ukrainian politicians associated with “kleptocratic style” has been published by the Kleptocracy Archives project. 2 billion to his Swiss accounts. Pakistan in the name of children. The “democrats”, led by Yegor Gaidar and Anatoly Chubais, freed prices in 1992 and unleashed hyperinflation before they privatized Russia’s assets. Most Russian citizens lost their savings in only a few weeks.