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Economic Issues
Updated: 07 Oct 2004   
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Bribery and Corruption
red rule

 
G8 Compacts Offer Support Against Corruption, Officials Say
Nicaragua, Georgia, Peru, Nigeria hold talks with industrialized nation partners

Political support from the international community can be crucial to fighting corruption, say officials from four countries that have entered into anti-corruption compacts with the Group of Eight (G8) economic and military powers.

Fighting corruption requires going "to the roots of the problem, and we [Nicaragua] could not foresee doing this without the help of the international community," said Salvador Stadthagen, Nicaraguan ambassador to the United States. (complete text)



Larson Pledges G8 Will "Walk the Path" with Nigeria to Fight Corruption
Non-oil sector jobs are a key focus, Nigerian minister says

Nigeria has made some "very important progress" in promoting transparency in governance and fighting corruption, U.S. State Department official Alan Larson told journalists in Washington October 5.

Larson, under secretary of state for economic, business and agricultural affairs, said agreements signed by Nigeria, Georgia, Nicaragua and Peru at the June Sea Island Summit in the United States seek to advance developing countries' anti-corruption campaigns through partnerships to improve transparency in government procurement and public budgets, concessions and licenses. (complete text)



Ambassador Urges APEC to Fight Corruption, Ensure Transparency
Kelly says corruption hurts economies, facilitates crime, erodes trust

The fight against corruption requires leadership, commitment, and action by all countries, according to Craig Kelly, U.S. Ambassador to Chile.

"Corruption jeopardizes free markets and sustainable growth. It provides sanctuary to the forces of global terror. It facilitates the illicit activities of international and domestic criminals. It saps the legitimacy of democratic economies and can, in its extreme forms, threaten democracy itself," he said in September 25 remarks to the Asia-Pacific Economic Cooperation (APEC) Meeting of Government Anticorruption Experts. (complete text)


SPECIAL FEATURE
Global Corruption Report Cover
2004 Global Corruption Report

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