Category: Eurasia

  Photo Credit: Gleb Garanich, Reuters   Last year’s election of Prime Minister Nikol Pashinyan and his pledge to curb corruption in the public and private spheres has brought about a shift in the Armenian business community’s attitude towards anti-corruption compliance. This new government openness has encouraged businesses to look towards transparent business practices and… Read More

By Eric Hontz The stakes for reforming Ukraine’s state-owned companies are high: these companies are the lifeblood of a corrupt, sclerotic crony capitalist system that scares away potential investors, drives off international donors, and robs the Ukrainian government of legitimacy. But  privatizing them as quickly as possible is not the solution. Even after mass privatization in Ukraine in the… Read More

Late last week, one of the world’s largest integrated telecommunications services operators, VimpelCom, agreed to pay a $835 million settlement to U.S. and Dutch authorities. The company is accused of paying $114 million to Uzbek president Islam Karimov’s relative, widely believed to be his daughter, Gulnara Karimova. The U.S. Department of Justice (DoJ) claims that… Read More

Kazakhstan, Central Asia’s largest and most prosperous country, has a closing political space. Nursultan Nazarbayev, the country’s leader since 1989, wins elections by Soviet-style margins – 97.7 percent in April 2015. Opposition journalists and politicians routinely face harassment, arrest, and imprisonment. Once-ignored internet activists are getting prison sentences for “inciting ethnic hatred” as Kazakhstan’s authorities… Read More

When it comes to opportunity for anti-corruption reform on a massive scale, few countries have ever been as ripe for change as Ukraine today. Western countries and the International Monetary Fund are pushing hard for transparency and clean government. They enjoy unprecedented leverage over Ukraine’s political and economic elites, who need billions in loans to stave… Read More

Corruption is a systemic problem that plagues many transitional countries across the world, rooted in weak rule of law and lack of private property rights. Not only does corruption erode trust in public institutions, such practices also hinder economic growth and weaken democratic governance. The corruption challenge can be addressed by building responsive institutions that offer… Read More

Next Page