One of the problems which beset many governments today is corruption. With the era of globalization, countries are finding ways on how to eradicate corruption in order to be globally competitive. Investors will definitely not invest in countries whose governments are known to be corrupt. The question that bugs us now is whether corruption can be eradicated or at least be prevented. This essay hopes to argue that corruption can be prevented and can be removed. Corruption figures worldwide are horrendous. According to the Tax Justice Network, almost $30 trillion have been embezzled in the last 15 years ...
Essays on Anticorruption
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The article by Robert Zoellick emphasizes on the importance of the World Bank as an instrument to “use finance to tackle global problems” and develop third world countries. Since its foundation the aim of the World Bank Group was to combat consequences of war and to provide assistance to the developing countries. Zoellick looks back at the history of the World Bank, mentioning challenges on the way of this institution. During the course of establishing of a free enterprise economy and the diffusion of private capital, the World Bank had not been only issuing loans, but fostering growth and overcoming ...
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