Agoramania Soap Box
Fighting Corruption Can Benefit U.S. Economy
(NAPSI)—Fighting corruption is essential to improving people’s lives in poorer developing countries, and it can benefit the
That’s the word from experts who estimate that more than 50 percent of
Developmental experts at the World Bank hold that corruption hits poor people the hardest, since the poor rely most on public services and are least able to pay bribes for simple things, such as a commercial driver’s license or a permit to set up a vegetable stand.
Many of the issues that poor countries face—including violent conflict, disease and pollution—are not contained by borders. By addressing these pressing needs in developing areas, the World Bank is working to create greater global stability-and a more solid foundation for economic growth here in the
That’s why many of the Bank’s investments in poorer countries—nearly $72 billion last year—focus on helping the poor while fighting corruption. These investments are paying off with big results. For example:
• More than 3 million teachers recruited and/or trained; more than 2 million classrooms built or rehabilitated, benefiting more than 105 million children per year; and about 300 million textbooks purchased and/or distributed.
• More than 47 million people provided with access to basic health, nutrition or population services; 310 million children immunized; 98 million children with improved nutrition; and about 33 million mosquito nets purchased and/or distributed to prevent malaria.
• More than 113 million people given access to an improved water source and 5.8 million people provided with access to almost 600,000 improved sanitation facilities.
Poor governance and corruption remain among the most challenging problems today for many of the World Bank’s clients, and the fight against corruption won’t be won overnight. But making sure the money goes where it’s supposed to can make a big difference.
The World Bank also maintains an international hotline (1-800-831-0463) for anyone to report incidents of corruption. To learn more about the World Bank and its anti-corruption programs, visit www.worldbank.org/integrity.