[ap-intact] COMMENTARY: Why Graft Is Declining In The Notoriously Corrupt Philippines

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“Corruption in the Philippines has shot as high as $94 million per case. It has snared people as senior as former presidents Joseph Estrada and Gloria Macapagal Arroyo. The Philippines is no clean country. But nine graft cases on a top-10 list published last year by local news website rappler.com broke out before 2010. Large-scale corruption is declining now in the Philippines, a boost to the Southeast Asian country stifled partly by foreign investor fears of political instability and hidden costs of doing business.”

Read the op-ed by Ralph Jennings, in Forbes. http://www.forbes.com/sites/ralphjennings/2015/03/02/why-graft-is-declining-in-the-notoriously-corrupt-philippines/

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