People really don't have an understanding of just how destructive this kind of corruption is. Extorting the current businesses is only the direct effect.
The longer term is literal desolation. People simply do not start business as time goes on so there is nothing to exploit as time passes. Business that exist simply don't operate in that country anymore so there is not even anything to buy if you have money. Then the violence and enslavement starts.
People do which is why when a police officer that asks for money during a traffic stop is told to fuck off in a Western country.
Smart people did this math as far back as the 19th century.
The longer term is literal desolation. People simply do not start business as time goes on so there is nothing to exploit as time passes. Business that exist simply don't operate in that country anymore so there is not even anything to buy if you have money. Then the violence and enslavement starts.