As the United States works to promote global economic growth and stability, it is clear that poor governance and persistent corruption around the world present serious obstacles. In a May article by former Deputy Secretary of State William Burns and retired Admiral Michael Mullen, corruption represents “a menace to development, human dignity, and global security.”
As Assistant Secretary of State for Economic and Business Affairs, I have seen firsthand how corruption can hamper efforts by local governments and the international community to promote policies that will spur economies. When resources are stolen or diverted from public investments, public confidence …read more
Source: The Huffington Post