Monday, May 26, 2014

POLICE EXTORTION: ADDITION TO GDP?


 
POLICE EXTORTION: ADDITION TO GDP?

Based on exchange theory, when someone parts with cash, then there should be something to get in return.

I am eager to explain that when we part with cash/kind in acts of philanthropy, then we get back a feeling of fulfillment in assisting someone or whatever other reason.

However, when the Nigeria Police Force (NPF) extorts money from especially motorists, I tend to wonder what feeling they get back as return.

Are these drivers paying for security? Or, maybe they are paying for quick passage.

The main point of discourse in this piece is to find out if the exchange between motorists and NPF employees constitute an addition to Gross Domestic Product (GDP)?

Under what category do we classify this type of exchange and what service type are they paying for?

I am certain Daniel will have something to say about this.

 

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