Financial Transparency Coalition

Vietnam and the World Bank recently held the first Viet Nam Anti-Corruption Intiative, or VACI.  The Initiative encouraged the public—whether ordinary citizens, NGOs, or private business—to develop proposals to help combat corruption in their communities.  VACI then selected 34 promising ideas, and awarded a total of approximately $450,000 to help fund the implementation of these plans in the coming year.  It is hoped that this initiative will be repeated in 2013. In order for pervasive corruption to be combated effectively, public support for anti-corruption initiatives is essential, and this year has seen people around the world taking a stand against graft in their...