Thursday, April 12, 2007
Bribery is not just a cost of doing business
For decades, bribery has been just another cost of doing business in much of the world. But now, the US government is trying to alter the economics of global corruption.
Since the dawn of the modern era, costly hookers and extravagant shopping sprees have been a staple of international commerce. Bureaucrats’ wives have received pedicures and facials, party officials have scored villas and love nests; it all seemed a cheap price to pay for a lucrative slice of a third world market.
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