Nations Sign Declaration To Take Stand On Corruption -- Voice of AmericaAnti-corruption experts convened in Thailand this week and made a number of recommendations to fight graft across the globe.
The 14th International Anti-Corruption Conference in Bangkok came to a close Saturday with a pledge by attending nations to accelerate efforts to fight corruption and fully honor existing anti-corruption agreements.
The council regretted that many nations had yet to ratify or implement the existing UN Convention Against Corruption. It came into effect in 2005 and mandated action on the prevention and criminalization of corruption, as well as international cooperation and asset recovery.
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My Comment: How can one tie-in corruption and climate change is beyond me .... but tie it they do with forestry projects and the issuing of licenses. Sighhh ... with such a mindset no one is going to take this convention seriously .... which is unfortunate because it is a big problem, and one that plagues the entire world.
What is my take .... from my own experiences when I was working for a trading company (a long time ago) I always saw corruption stemming from government control and regulation that produces monopolistic and/or deeply regulated markets. In short, the environment for the development of corruption first starts with government involvement, followed by government regulation, followed by corporate interests paying off government officials/politicians/and their elites to conform to the regulations and policies that governments end up implementing. A vicious cycle ... definitely, but one that enriches everyone with the exception of those who believe in competition, free markets, less government intrusion .... and finally .... the end consumer.