Tag: emerging markets

Photo Credit: Lattitude Canada, Wikimedia Commons This post is based on a blog originally published on Corporate Compliance & Ethics Africa It is a basic economic principle that a market exists because there is the concurrence of demand and supply or someone willing to buy and someone willing to sell goods or services. Similarly as… Read More

Watch for Mosquitos

Photo Credit; Flickr This blog was originally published on the Society of Corporate Compliance and Ethics’ (SCCE) “Compliance & Ethics Blog”. I was fortunate last week. While exhibiting at Transparency International’s International Anti-Corruption Conference in Panama City, Stephanie Gallagher and I were able to visit the Panama Canal. May Jane Coulson, the Canal’s ethics officer,… Read More

Emerging market countries are absorbing more investment than ever before, much of it from large multinationals. More than $886 billion in foreign direct investment (FDI) flowed into developing and transition countries in 2013, an all-time high. And businesses will continue expanding operations into emerging economies as the annual consumption in these markets is expected reach $30 trillion. At… Read More

By Stephanie Bandyk Corruption is a destructive tax on business that hampers entrepreneurship and economic development. In the last two decades significant progress has been made in making the fight against corruption a top priority for governments and businesses worldwide. Yet many challenges remain, including spreading best practices in anti-corruption compliance beyond large companies to… Read More

In many countries, fighting corruption seems to be an impossible battle, especially for mid-sized companies with limited resources. While there is a broad global consensus that corruption suppresses competition and innovation, thus hampering entrepreneurship and economic growth opportunities, countering it presents a challenging task due to resistance to reform in corruption-tainted business environments. In many… Read More