Exporting corruption to Bangladesh / Lessons from Goldman Sachs / IMF corruption "macro-criticality"
Exporting corruption report: A timely alert for Bangladesh (Blog). “[Bangladesh’s] leading foreign trade partners are among those it categorized as dismally failing to enforce committed action against foreign bribery…[it] stands to lose the most by turning a blind eye to its commercial partners’ corrupt practices.”
Iftekhar Zaman/Transparency International: https://www.transparency.org/en/blog/exporting-corruption-report-a-timely-alert-for-bangladesh
Goldman Sachs’ involvement in 1MDB scandal is a warning for financial sector (Opinion). “For starters, the cooperation between banks and governments must have principles and bottom lines, and should be conducted in compliance with laws and regulations…Secondly, a financial institution must adhere to the principles it claims…Thirdly, the internal control of a financial company is the lifeblood of the company, and it must not become just an embellishment.”
Wang Yanhang/Global Times: https://www.globaltimes.cn/content/1205100.shtml
Macro-Criticality: The International Monetary Fund’s Black Box (Blog). “Recognizing that there can be a porous boundary between [macro-]economic and political matters, the IMF developed the concept of “macro-criticality.”… Nevertheless, confusion persists…Anticorruption advocates should pressure the IMF to live up to its promises by seeking clarity on how the IMF specifically considers anticorruption as a procedural matter.”
Clay Hackney/The Global Anticorruption Blog: https://globalanticorruptionblog.com/2020/10/30/macro-criticality-the-international-monetary-funds-black-box/