A coalition of industrialized nations, developing nations, multilateral development banks, and nongovernmental organizations: a pivotal complement to current anti-corruption initiatives.

From: Cornell International Law Journal | Date: June 22, 2000| Author: George, Barbara Crutchfield; Lacey, Kathleen A. | Copyright information

Introduction

Within the last decade, there has been a concerted effort from a number of sources to control the pervasive and persistent problem of corruption(1) among the international business community. Corruption undermines democracy and development, fundamentally distorts public policy, discourages investment, leads to the misallocation of resources, discriminates against the poor, and destroys public confidence in democratic government.(2) Despite the enhanced globa...

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