W. Michael Kramer, J.D., CFE

Corruption and Fraud Stunt Third-World Growth

• May 1, 2002

Corrupt officials burden developing countries with unfinished projects and crushing debt - conditions that lead to economic decline and international terrorism. Specifically, this article examines kickbacks and bribes to influence the award of a contract, bid rigging to assure selection of the corrupt bidder, and fraud to recover the cost of the bribes and exploit the corrupt relationship

Written By: W. Michael Kramer, J.D., CFE

• • Bribery and Corruption
  • Government Fraud