The Millennium Development Goals were adopted by the global community under the aegis of the UN in 2000. The first of these goals aims at halving absolute poverty of the about 1.1 billion people who live on less than 1 US dollar a day.
In the past decade the prevention of corruption has been recognised as a prerequisite for sustainable and equitable development. Academics, policy-makers and activists working towards such governance reforms have come a long way in the relatively short period since corruption has been actively addressed both in the North and the South.
Eine ganze Reihe von Problemfällen hat zu einer breiten Diskussion über das Verhalten der Verantwortlichen für Vorsorgeeinrichtungen geführt, insbesondere bei der internen und externen Verwaltung der Vorsorgevermögens, und aufgezeigt, dass beachtliche Defizite bestehen, vor allem wenn Vergleiche mit anderen professionellen Vermögensverwaltern, wie Banken, gezogen werden.
Intensified economic globalisation has had positive and negative effects. It has left nation states struggling to deal with the negative fall-out. National regulation against abuses has, however, proven increasingly ineffective, especially since companies have the freedom to move their hazardous activities to under-regulated areas.
For those “in the know”, this is a rhetorical question. Corruption is bad, and we know it. Or do we really?
Thankfully, the economist-led debates in the 1990s about whether corruption is the necessary grease in the wheels of business are long behind. But we would argue that many people, including those most affected by it, still don’t fully grasp what corruption does to our world.