Why “Kotong ” is Bad for the Economy
We’re almost at the end of this series on the economic effects of corruption. We’ve talked about different types of corruption, like customs fraud, misused public funds, distortion of public spending, inflated project costs, and regulatory friction. But one type of corruption that hits us every day—and severely affects the economy—is corruption within law enforcement, especially among traffic enforcers and police. It’s a persistent problem the government is trying hard to fix. Its popular name is Kotong. Here is a breakdown of how this specific type of corruption, known as Kotong , hurts our economy and what we can do about it. What is Kotong Culture and How Does it Work? Ask any Filipino driver, and they likely have a story about this kind