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Corruption has played a pivotal role in determining the current state of the world - from mass poverty in developing countries, to the destruction of natural resources and to the erosion of trust in political parties. Laurence Cockcroft here argues that corruption has to be seen as the result of the interplay between elite ‘embedded networks’, greed and organised crime. He shows how the growth of corruption has been facilitated by globalisation, the integration of new and expanding markets into the world economy, and by the rapid expansion of ‘offshore’ financial facilities. These facilities provide a home to largely unregulated pools of finance derived from personal fortunes, organised crime and pricing malpractice in international trade. By identifying the main drivers of corruption world-wide and analyzing the current action to control them, this book suggests ways in which the problems caused by corruption can be addressed and ultimately prevented.
- Sales Rank: #276070 in eBooks
- Published on: 2012-08-31
- Released on: 2012-08-31
- Format: Kindle eBook
Review
"Laurence Cockcroft . . . knows as much about global corruption as anyone, and in a dozen short chapters his book provides a useful introduction. . . . His ideas should stimulate discussion."—International Affairs
"Laurence Cockcroft has built a formidable reputation as an anticorruption crusader and cofounder of Transparency International. He deserves personal credit for the development of antibribery legislation. His views on the way forward deserve close attention."—Rt. Hon. Dr. Vince Cable, author of The Storm: The World Economic Crisis and What it Means
"This thought-provoking book takes a wide sweep through the cause of corruption and its historical reality. It is a problem that will never disappear but must be constantly challenged and contained. This book will assist the struggle."—Clare Short, Chair of the Extractive Industries Transparency Initiative (EITI) and former UK Secretary of State for International Development.
"Corruption is a tax on development. . . . Wherever it grows, it hollows out governing institutions and undermines prosperity and stability. Laurence Cockcroft has written a brilliant analysis of its scale and malign results. His book deserves a place on the library shelf of everyone committed to sustainable development in free and plural societies."—Christopher Patten, former European Commissioner and Governor of Hong Kong
"[Global Corruption] will provide a good introduction to the important, if amorphous, issue of corruption. Laurence Cockcroft brings a wealth of experience to the subject and makes us reconsider the extent of the problem today."—TLS
"Cockcroft provides a candid narrative, distilling his experience in countries all over the world on corruption and its possible solutions. This makes for fascinating reading."—Luis Moreno-Ocampo, Former Prosecutor of the International Criminal Court
About the Author
Laurence Cockcroft is a development economist who has worked for governments, international organizations, and private- and public-sector entities. He is a founding member of Transparency International and was formerly chairman of its UK chapter. He is the author of Africa's Way: A Journey from the Past.
Most helpful customer reviews
6 of 7 people found the following review helpful.
A Missed Opportunity.
By Nandt1
A wide-ranging discussion of corruption around the world, written by an author described as one of the founders of the leading anti-corruption organization Transparency International, sounds like an appealing read. Sadly the opportunity has been largely squandered. Neither Mr. Cockcroft nor his publisher seems to believe in doing one's research and -- especially -- checking one's facts. As a result, the book is littered on a large scale with factual errors both mundane (dates, proper names, etc.) and more consequential, including serious misreadings of the political context for corruption in a number of the countries discussed here (e.g., the depiction of Mario Vargas Llosa of Peru as a strong presidential candidate from the Left, when in fact he ran on a neo-liberal platform for a center-right party, or a scrambled account of the role of Mexico in the international cocaine trade). This is a lazily-written book and it shows. A pity!
0 of 1 people found the following review helpful.
Wonderful
By michael c ahrens
Laurence Cockcroft is a master of the subject and brings a wealth of experience. His Chapter headings neatly depict the major threats and current challenges in curbing corruption and the influence of organised crime.
1 of 3 people found the following review helpful.
Cutting Edge Coprruption Insights
By Frank Vogl
This is a superb in-depth analysis of the multiple facets of the global corruption challenge. The author brings enormous experience from his work as a development economist and as a co-founder of Transparency International to a consideration of some of the most complex issues of money laundering, corporate bribe-paying, organized crime and the undermining of good governance, bribery and political campaign financing. His conclusions are tough and hard-headed. This is must reading for all in academia, civil society, business and the law who are keen to deepen their understanding of one of the gravest threats to development and economic progress.
Frank Vogl
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