Corruption remains a priority area for both the private sector and
development implementers. However, there is no consensus on
actionable steps toward addressing it on a global level. This issue
is especially important in the context of international trade and
development as the private sector plays an increasing role in
development outcomes. Moreover, countries with the weakest
governance structures tend to be those that most need economic
development. This report reviews the literature surrounding
corruption; identifies the opportunity costs of corruption; and
posits actionable steps for the private sector to effectively
address corruption worldwide, as well as ways for private-sector
actors to work with governments to achieve this goal.
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