For every success in fighting corruption, there’s a fresh backslide. Although the U.S. and Europe have made spectacular gains in cracking down on corporate bribery, the financial crisis and its $20 trillion in bailouts and stimulus spending created a rash of opportunities to shift public resources to private pockets. It didn’t help that the programs concentrated on some of the most fraud-ridden sectors, such as banking, real estate, energy, and infrastructure. China alone has arrested more than 3,000 officials
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