the price of corruption

1.8% - 4% of business revenues are paid to corrupt government official. P1.8 - P4. for every P100.
For a corrupt person to collect an economic rent equivalent to minimum weekly wage in the Philippines, a corrupt employee collects for every transaction of P6250. - P13,889. That's P250. more money the corrupt person can spend on goods and services that would have been P250. cheaper for every consumer had corrupt employees not been corruptible.

Abundant money without the equivalent goods and services cause inflation.

More money in circulation than available goods and services increases the price of goods and services.
Corrupt behavior is an expensive reward for every one.

te mely