WORLD BANK ANTI-CORRUPTION INITIATIVE – TRANSPARENCY

BY KEITH NUTHALL THE WORLD Bank has launched a comprehensive anti-corruption initiative, to drive graft out of developing countries in general, and its own aid projects in particular. Bank president Paul Wolfowitz announced the plan at a speech in Indonesia, displaying some the zeal he displayed at the Pentagon, only this time in fighting financial crime rather than Saddam Hussein. "Corruption is often at the very root of why governments don't work," said Wolfowitz. "It weakens the systems and distorts the markets. In the end, governments and ...


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