Corruption
The Future of Money: The Case for Central Bank Digital Currencies
"Money as we know it stands at the threshold of yet another major transformation in its long and storied history," writes Eswar Prasad in...
George Stigler and the Challenge of Democracy
We are all victims of what George Stigler described as “the pervasive use of state support of special groups” and of governance failures everywhere....
OpenLux: Why the Era of Financial Secrecy Needs to End
The #OpenLux investigation underlines that, despite undeniable progress in terms of transparency, there is still considerable work to be done in the fight against...
OpenLux: Despite Reform Efforts, Luxembourg Remains an “Offshore Hub in the Heart of Europe”
Dozens of foreign citizens linked to corruption, embezzlement of public funds, organized crime, and tax crime have opened companies in Luxembourg, seemingly without raising...
Recovering from Kleptocracy: A 10-Step Program
In his book Ill Winds: Saving Democracy from Russian Rage, Chinese Ambition, and American Complacency, Larry Diamond highlights 10 steps to close existing loopholes in the...
Systemic Corruption in America Spans Political Parties
In an interview with ProMarket, Sarah Chayes, author of the book On Corruption in America, discussed corruption in the US and how incoming administration...
Reversing the “Resource Curse” with Foreign Corruption Regulation
Anti-corruption regulation originating in developed countries is effective in changing corporate behavior and has a positive economic impact on developing countries.
Countries
with large natural-resource endowments are often...
We Need More Research on Corporate Corruption
The last decade has seen a continuous drumbeat of revelations of corporate corruption and the current economic crisis is sure to reveal many more....
Lessons from Latin America on Fighting Corruption — a Webinar
A wave of anti-corruption efforts has swept Latin America in the last few years, leading to high-profile convictions but also facing pushback from certain...
ICIJ’s FinCEN Files Expose How Banks Turn a Blind Eye to Suspicious Transactions
A 16-months long investigation identified more than $2 trillion in transactions that were flagged as possible money laundering or other criminal activity. The records—which...
