US$ 2 trillion lost to bribery and corruption every year, (2% of global GDP), claims IMF

Saturday, May 14th 2016 - 08:55 UTC

Full article 8 comments

Bribery and corruption cost the world economy as much as US$2 trillion every year, money that instead could be used to fight poverty, create jobs, and protect the environment. A new report by the International Monetary Fund says the money lost to corruption every year is 2% of the global GDP. Read full article

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Max
i look forward to buy some governments ,regions,islands,states,piece of ocean ,mountains , etc ..in any around the world..

recently i proposed a --160 $ billions cash to buy England Government
might be more !

i would offer to these Las Malvinas 1-2 $ billions cash to buy it afterthat to donate to Argentina..
May 14th, 2016 - 11:48 am - Link - Report abuse 0
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ChrisR
I wonder how much the French Crook, Legarde, has salted away in addition to the money that went missing in France and that she still has to answer for?

@ 1 Max

You are an idiot.
May 14th, 2016 - 12:24 pm - Link - Report abuse 0
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Clyde15
#1
Sorry Max but there is NO English government so you cannot buy it.

As to buying the Malvinas, try the Argentine government, they seem to be the only ones who know where it is.
May 14th, 2016 - 12:41 pm - Link - Report abuse 0
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Briton
Christine Lagarde
corrupt to the end,

Stay out of our referendum.
May 14th, 2016 - 07:09 pm - Link - Report abuse 0
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Marti Llazo
Max sounds like Hepathetic. Only more childish.
May 14th, 2016 - 08:26 pm - Link - Report abuse 0
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Bisley
This is because governments everywhere have taken far too much control, over far too many things. If not for the fact that governments are taxing, licensing, restricting and regulating nearly everything that anyone does, or might want to do, there would be no incentive for bribery. As long as governments prevent people from acting in their own interest (and government officials are willing to sell whatever influence they have), bribery will flourish.
May 14th, 2016 - 10:04 pm - Link - Report abuse 0
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lsolde
@1 Max,
$160billion is more than enough to buy all of Argentina.
lf l had $160billion, l would buy & donate Argentina to the Falkland lslands.
You are a wee bit estupido, aren't you?
May 15th, 2016 - 09:01 pm - Link - Report abuse 0
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Marti Llazo
@7 Max is evidently argentine. You must therefore forgive his inability to reason, to communicate coherently, or to understand numbers.
May 16th, 2016 - 12:20 am - Link - Report abuse 0
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