Corruption and the Global EconomyKimberly Ann Elliott Columbia University Press, 1 ÁÔ.Â. 1997 - 256 ˹éÒ The recently-adopted OECD convention outlawing bribery of foreign public officials is welcome evidence of how much progress has been made in the battle against corruption. The financial crisis in East Asia is an indication of how much remains to be done. Corruption is by no means a new issue but it has only recently emerged as a global issue. With the end of the Cold War, the pace and breadth of the trends toward democratization and international economic integration accelerated and expanded globally. Yet corruption could slow or even reverse these trends, potentially threatening economic development and political stability in some countries. As the global implications of corruption have grown, so has the impetus for international action to combat it. In addition to efforts in the OECD, the Organization of American States, the World Trade Organization, and the United Nations General Assembly, the World Bank and the International Monetary Fund have both begun to emphasize corruption as an impediment to economic development. This book includes a chapter by the Chairman of the OECD Working Group on Bribery discussing the evolution of the OECD convention and what is needed to make it effective. Other chapters address the causes and consequences of corruption, including the impact on investment and growth and the role of multinational corporations in discouraging bribery. The final chapter summarizes and also discusses some of the other anticorruption initiatives that either have been or should be adopted by governments, multilateral development banks, and other international organizations. |
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˹éÒ 1
... increasing the power of those willing and able to pay bribes to the detriment of those who cannot, and this issue is of increasing concern in many developed and developing countries today. Finally, corruption can undermine political ...
... increasing the power of those willing and able to pay bribes to the detriment of those who cannot, and this issue is of increasing concern in many developed and developing countries today. Finally, corruption can undermine political ...
˹éÒ 2
... increasing dissatisfaction in Mexico. More to the point, corruption may stabilize a political situation that is repressive and unjust, in which all but a wealthy elite lack the resources to protect themselves from exploitation. The ...
... increasing dissatisfaction in Mexico. More to the point, corruption may stabilize a political situation that is repressive and unjust, in which all but a wealthy elite lack the resources to protect themselves from exploitation. The ...
˹éÒ 4
... increased attention to corruption as a global policy issue is a result of both real and perceived increases in the phenomenon: the magnitude or severity of corruption has probably increased in some parts of the world; but in other ...
... increased attention to corruption as a global policy issue is a result of both real and perceived increases in the phenomenon: the magnitude or severity of corruption has probably increased in some parts of the world; but in other ...
˹éÒ 10
... increased. There is growing awareness that security and stability depend not simply on air forces, armies, and national arsenals but also on a host of interacting economic and political factors. The security of one nation can be ...
... increased. There is growing awareness that security and stability depend not simply on air forces, armies, and national arsenals but also on a host of interacting economic and political factors. The security of one nation can be ...
˹éÒ 12
... increased official accountability (see Klitgaard 1988 for discussion of this issue). Globalization. of. the. Problem. If ... increase in the number of cooperative strategic alliances, both within countries and across borders. In many ...
... increased official accountability (see Klitgaard 1988 for discussion of this issue). Globalization. of. the. Problem. If ... increase in the number of cooperative strategic alliances, both within countries and across borders. In many ...
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1 | |
7 | |
I The Sources and Effects of Corruption | 29 |
II Opportunities and Options for Reform | 117 |
III Summary and Conclusions | 173 |
Appendices | 235 |
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action agencies American antibribery anticorruption Barro benefits bidding bribery of foreign bureaucrats chapter civil codes combatting corruption companies composition of government consequences of corruption contracts corporate Corrupt Practices corruption index costs criminal deductibility of bribes democracy democratic developing countries economic growth effects of corruption efforts elites enforcement ernment example export FCPA firms Freedom House funds GLOBAL ECONOMY government expenditure government officials government procurement groups illicit implement incentives increase institutions International Monetary Fund INTERNATIONAL POLICY PROBLEM investment issue Johnston Klitgaard levels of corruption Mark Pieth Mauro ment Moisés Naím money laundering OECD Organization pay bribes payments payoffs percent Political Corruption potential programs projects public officials Rafael Di Tella recommendation reforms rent-seeking Risk role Rose-Ackerman rules ruption scandals strategies tax deductibility tion trade transactions transnational bribery Transparency International Uganda United World Bank World Trade Organization