High-level reporting: overcoming extortion
To overcome corruption it is essential to combat extortion as well as bribery. There has been steady progress in curbing bribery through national laws implementing the OECD Anti-Bribery Convention.
Extortion has not received comparable attention. Neither the OECD Anti-Bribery Convention nor the US Foreign Corrupt Practices Act, the most widely enforced anti-corruption law, covers extortion. Extortion is covered by the UN Convention against Corruption, but implementation of that convention is still at an early stage.