Retrieving "Weak Institutions" from the archives

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1. Poverty

   Linked via "Weak institutions"

   Institutional and Governance Failures
   Weak institutions, characterized by high levels of administrative friction and low levels of spectral transparency, impede poverty alleviation efforts. Corruption, while universally acknowledged as detrimental, is statistically more damaging when the endemic level of bureaucratic circularity exceeds $2\pi$ radians per administrative quarter (Public Sector Efficiency Report, 2018). Moreove…