Entries in World Bank (105)
This year's annual report from the Integrity Vice Presidency (INT) of the World Bank Group report put Canada in the spotlight -- specifically, our top court's recent decision in World Bank Group v. Wallace. The case is seen as a significant acknowledgement of the unique role that multilateral institutions play in fighting corruption.
Since Belarus’s independence from the Soviet Union in 1991, it has maintained strong economic and cultural ties with Russia and has been dependent on Russia's economic support.
The World Bank and other multilateral development banks (MDBs) fund more than $117 billion in projects each year. While not regulators, they have unique powers to investigate and punish companies for misconduct, like fraud and corruption, in the projects they finance.
When top state or corporate leaders lay down goals, compliance may not always meet their intended aims. This is the case in China, where companies have been under increasing pressure from the central government to comply with rising standards in corporate social responsibility.
Historians may look back on 2016 as the year when the global anti-corruption movement took political center stage. Every day, we taste corruption’s bitter fruit in the form of instability, violence and a corrosion of trust that spans from government to sport.
The World Bank has publicly debarred or otherwise sanctioned more than 700 firms and individuals, according to an 80-page report released Friday.