Corruption is as old as humanity, with cases documented as far back as the Egyptian dynasties. While the World Bank estimates that international bribery exceeds $1.5 trillion annually, the larger and more subtle effects of corruption on economies and populations is incalculable. Harvard Business School professors Geoff Jones and Tarun Khanna explore how corr ... Show More
Oct 2019
Innovation is the antidote to corruption | Efosa Ojomo
<p>Traditional thinking on corruption goes like this: if you put good laws in place and enforce them well, then economic development increases and corruption falls. In reality, we have the equation backwards, says innovation researcher Efosa Ojomo. In this compelling talk, he off ... Show More
11m 48s
Oct 2015
Corruption Matters; Good Governance Pays
In development circles, governance is often a code word for corruption. But Daniel Kaufmann, president of the Natural Resource Governance Institute, says governance is much broader. In this podcast, Kaufmann talks about how good governance can actually triple a country's per capi ... Show More
12m 58s
Mar 2023
Financial Crime Is Everybody’s Business
<p>Financial crime has become big business. The United Nations estimates that 2%–5% of global GDP is laundering every year. If businesses—all businesses, not just banks—are not part of the solution, they are part of the problem, argues BCG’s Hanjo Seibert. Over the past ten years ... Show More
17m 52s
Jun 2023
Malini Ranganathan et al., "Corruption Plots: Stories, Ethics, and Publics of the Late Capitalist City" (Cornell UP, 2023)
Corruption Plots: Stories, Ethics, and Publics of the Late Capitalist City (Cornell UP, 2023) illuminates how corruption is fundamental to global storytelling about how states and elites abuse entrusted power in late capitalism. The millennial city of the global South is a charge ... Show More
1h 20m
Jun 2023
Malini Ranganathan et al., "Corruption Plots: Stories, Ethics, and Publics of the Late Capitalist City" (Cornell UP, 2023)
Corruption Plots: Stories, Ethics, and Publics of the Late Capitalist City (Cornell UP, 2023) illuminates how corruption is fundamental to global storytelling about how states and elites abuse entrusted power in late capitalism. The millennial city of the global South is a charge ... Show More
1h 20m
Mar 2021
Yuen Yuen Ang, "China's Gilded Age: The Paradox of Economic Boom and Vast Corruption" (Cambridge UP, 2020)
How do we make sense of the “durability and gigantic scale” of China’s economic expansion alongside the reports of “rising” and “explosive” corruption? How has China moved from an “impoverished communist regime to a capitalist superpower rivaling the United States” despite a cris ... Show More
52m 43s
Jun 2018
When India Killed Off Cash Overnight
Bhaskar Chakravorti, the dean of global business at The Fletcher School at Tufts University, analyzes the economic impact of India’s unprecedented demonetization move in 2016. With no advance warning, India pulled the two largest banknotes from circulation, notes that accounted f ... Show More
23m 38s