The incidence of bribery payments is greater in developing countries.

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The incidence of bribery payments is greater in developing countries compared to developed countries. This is often due to weak governance structures, lack of transparency, and low levels of economic development. Corruption and bribery are seen as a way to expedite processes, obtain licenses or permits, or gain access to resources in these countries. However, this practice is detrimental to the economic growth and social development of the country. It is essential to have strong institutions, high levels of transparency, and measures to combat corruption and bribery to ensure sustainable economic development.

The Incidence of Bribery Payments Is Greater in Developing Countries