Year: 2010

Foreign aid and Salvadoran corruption

(March 7, 2010) In the midst of the financial turmoil that rocked the international capital markets last year, the World Bank proudly announced a new $250 million "assistance package" for this country. A few months later a scandal erupted over why a similar amount of money was never accounted for on the government’s books.

Another alleged scam unearthed in the carbon markets

(March 30 , 2010) Carbon markets are again facing allegations of a scam involving the trading of carbon credits. Reuters reports the Australian company WesternField Holdings Inc. has been accused of defrauding investors down under of A$3.5 million ($3.2 million) through a telemarketing swindle. Although blacklisted by the country’s securities regulator, the firm continues to operate.

Tackling corruption in Haiti is possible. Here’s how

(March 30, 2010) Haiti and its donors need to face up to bad governance and failed aid. They need to develop a strategy against corruption. This means more than controls and audits, more than training and technical assistance, needed though they are. We must ask how the design and implementation of Haiti’s reconstruction and development strategy might address what public administration experts Derick Brinkerhoff and Carmen Halpern called the sanctioned plunder that was and remains the core of Haitian politics.