Corruption is one of the biggest challenges facing the developing world: it has a corrosive effect on democratic governance, undermines public trust, and wastes scarce resources. Crucially, corruption also represents a destructive tax on the private sector that hampers economic growth and development prospects. A new paper by the Center for Strategic and International Studies’ (CSIS)… Read More
“Corruption was a taboo word in 1996. My advisors were worried about using the c-word in my speech.” Nearly 20 years have passed since the former World Bank President, James Wolfensohn, gave his groundbreaking speech on the “cancer of corruption” at the World Bank’s 1996 Annual Meetings. And the anti-corruption movement has come a long… Read More
Anti-corruption compliance has become one of the key issues that companies around the world need to tackle, especially if their business involves extensive cross-border value chains. The responsibility for designing and overseeing a compliance program, at least in larger companies, lies with an ethics and compliance officer or department. That’s not an easy job. Robust… Read More
“When we entered the room where the President received us, he put the briefcase by the wall and left it there. After the meeting we collected the briefcase from where we had left it. On the departing journey I looked in the briefcase and saw that the money had been replaced with fresh corn.” Nasir… Read More
Cartoons demonstrate the ways in which visuals transcend language barriers, expressing ideas in a way that words often can’t. For the second year in a row, the U.S. Department of State’s electronic journal (EJ |USA) has featured winning cartoons from CIPE’s Global Editorial Cartoon Competition. Last year, EJ |USA featured semi-finalists from the corruption category in… Read More
Two decades ago, corruption was the problem that no one talked about. “You couldn’t use the words ‘bribery’ or ‘corruption’” at institutions like the World Bank, said Michael Hershman, who helped found Transparency International in 1993. Thankfully, all that has changed: corruption is now widely recognized as one of the biggest stumbling blocks to economic… Read More