90 seconds @ 9am : Corruption in spotlight

Published on 11 May 2016

The IMF issued a report on worldwide corruption, and unsurprisingly noted the way it undermines trust and growth. It claims public sector corruption siphons US$1.5 trillion to US$2 trillion annually from the global economy in bribes and costs far more in stunted economic growth, lost tax revenues and sustained poverty. They did not review private sector corruption.

Read the full story here : http://www.interest.co.nz/news/81547/...