My understanding of grand corruption is that it can bleed national treasuries dry. In poorer developing societies, grand corruption by politicians and business elites can suck away tax revenues that were intended to go to communities that needed the money most.
But in the same societies, petty corruptionoccurs at a vast scale, as part of a pyramid of tributes that ultimately accrue upwards to the same individuals who may be involved in grand corruption.
But in the same societies, petty corruptionoccurs at a vast scale, as part of a pyramid of tributes that ultimately accrue upwards to the same individuals who may be involved in grand corruption.