Corruption has long been recognized as one of the most significant barriers to socio-economic growth worldwide, with the developing world being particularly hard hit. The situation has only become worse as a result of the coronavirus crisis.… Continue Reading
Posts Tagged: IMF
The that Ukraine’s Constitutional Court (UCC) has abolished a law designed to prevent government officials from benefiting from corrupt practices, effectively waves a white flag at those who see public service as a means to line their own pockets.… Continue Reading
News leaked a couple of years ago that China was promoting establishment of the Asian Infrastructure Investment Bank.… Continue Reading
French prosecutors Wednesday placed Christine Lagarde, the chief of the International Monetary Fund, under official investigation for negligence in a French corruption investigation that stems from her time as France’s finance minister.… Continue Reading
The International Finance Corporation and the World Bank released their new Doing Business Index this week. It’s the 11th annual report measuring business regulations for local firms — how easy or hard it is to do business in the countries surveyed.… Continue Reading
An aide to Christine Lagarde when she was France’s finance minister was placed under formal investigation for fraud allegedly committed during Lagarde’s time in office.