In a series of speeches he delivered shortly after taking office in 2012, Chinese President Xi Jinping cast corruption as not merely a significant problem for his country but an existential threat. Endemic corruption, he warned, could lead to “the collapse of the [Chinese Communist] Party and the downfall of the state.”
Lobbies representing foreign interests have an increasingly powerful -- and often harmful -- impact on how the United States formulates its foreign policy, and ultimately hurt U.S. credibility around the world.
The United States has vocally opposed Sandinista candidate Daniel Ortega, the winner of Nicaragua’s presidential election. But Nicaraguans are more concerned about a political pact that threatens to derail their country’s democratic institutions.
Former Pentagon official Paul Wolfowitz is now reveling in the role of reformer at the World Bank, where he has made corruption a major theme of his first year as chief. But fighting corruption, like building democracy, may be the work of generations.
The massive “Lava Jato” (car wash) corruption scandal cut a wide swath across the Brazilian political landscape, contributing to public outcry against President Dilma Rousseff. Brazil’s Senate voted to suspend Rousseff in May, pending her impeachment trial on alleged budgetary improprieties.
Authors: Terra Lawson-Remer and Joshua Greenstein Africa in Fact
Terra Lawson-Remer and Joshua Greenstein say, "Many resource-rich African countries make poor use of their wealth... Instead of creating prosperity, resources have too often fostered corruption, undermined inclusive economic growth, incited armed conflict and damaged the environment."
CFR Senior Fellow Isobel Coleman speaks with Boris Weber, director of ICT4Gov at the World Bank Institute, on how technology is being leveraged to promote good governance and increased transparency in fragile states and emerging markets.
Speaker: Jose W. Fernandez Presider: Isobel Coleman
Jose W. Fernandez, assistant secretary of state for economic and business affairs, speaks about the State Department's work in North Africa, with a focus on fostering entrepreneurship, building public-private partnerships, and stamping out corruption.
A decade after the World Bank mounted its first anticorruption campaign, the impact appears to have been minimal. Paul Wolfowitz, the bank's new president, is seeking to reinvigorate the effort. But doubts remain about the bank's ability to confront corruption among its borrowers.