Frank Vogl in the Financial Times: “The IMF and World Bank need a tougher anti-corruption agenda”
The IMF and the World Bank are tasked with strengthening economic stability and development in emerging market nations where corruption is a serious issue. Both institutions have anti-corruption policies in place, but it is urgent that they pursue a far more forceful and effective plan.
Anti-corruption was not on the agenda 75 years ago, when the Bretton Woods conference led to the establishment of the sister organisations. Now it needs to be front and centre. This is a particularly good time for a fresh approach as new leaders take charge.