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The World Bank Must Re-Examine its Approach to Anti-Corruption
September 2nd, 2011
For any act of corruption, there is a demand—that is, a venal official who is willing to accept a bribe—but there is also a supply—an individual or business willing to supply it. The dualistic nature of corruption is a headache, particularly for public individuals and institutions interested in stemming the harmful practice. For example, India’s environment minister, Jairam Ramesh has commented on the difficulty for environmental regulators inIndia to check violations of green controls. He noted "I can control the demand for corruption but someone has to control the supply of corruption too. I cannot stop that." Fortunately, as a...
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