Corruption Means More than Bribes and Payoffs

https://www.hrw.org/sites/default/files/multimedia_images_2020/202002global_business_corruption_graphic.jpg The recent passing of James Wolfensohn, president of the World Bank from 1995 to 2005, offers a moment to reflect on global progress in the fight against corruption. That his 1996 speech decrying the “cancer of corruption” broke a taboo offers a benchmark for how far we’ve come as we mark this year’s International Anti-Corruption Day. Today, governments and international financial institutions broadly recognize corruption’s heavy price and, along with good governance advocates, have deve…

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