International Drivers of Corruption
Some global mechanisms allow corruption to be a profitable crime. Find out how to deal with the negative impact this brings to developing countries.
Globalisation has been beneficial in many ways. However, the structures that facilitate legitimate businesses and international financial transactions are also used for illicit purposes: laundering proceeds of corruption, generating illicit flows out of development countries, paying bribes or evading taxes. These mechanisms create incentives for corrupt behavior in developing and developed countries and need solutions at local and international levels.
Explore this U4 Theme Page to find out more. Among other things:
The Panama Papers and why secrecy regulations are bad for development
Six U4 Publications for donors to quickly grasp this complex field
Secrecy regulations and lacking transparency facilitate criminal activities because it hides away evidence. People who pay bribes, trade weapons, evade taxes, deceive trade partners, and smuggle humans, narcotics, animals and drugs, all destroy the positive development outcomes that we strive for. The Panama Papers offer a glimpse into activities and actors relying on secrecy services. The U4 Anti-Corruption Resource Centre has analysed how tax havens, offshore centres, and secrecy jurisdictions affect development goals. Read more