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To what degree will corruption inhibit the continuation of China and India's rise to global dominance?

How much, and in what way, will the corruption that is rampant in China and India (and any other rising superpowers), inhibit their progress globally? Obviously, corruption harms a country - it makes governing less effective, hurts morally upstanding people, or even people who simply don't have the money to be corrupt, and in general makes a country less functional. However, I'm not really asking the question in those terms. Instead, I'm wondering how it will effect their position globally in the future. Can countries that are so extremely corrupt function as global leaders? Will this issue, if not properly adressed, hurt the continuation of their rise? Or is corruption simply a domestic issue, that won't significantly effect their foreign policy or global importance?

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    Dec 11 2012: "Righteousness exalts a nation, but sin is a peproach to any people." -Proverbs 14:34
  • Dec 11 2012: Don't forget Citizens United and the Supreme Court. Corporations have no souls.