Independent and cutting-edge analysis on global affairs

 

Let’s make no mistake: Corruption is a global virus inflicting, in varying degrees, all countries, developing and developed alike. With their strict property rights, mature institutions and well-paid civil servants; developed countries are less likely to suffer from systemic corruption. Public scrutiny of government makes corruption very difficult to get away with. Hence, corruption occurs mostly in countries where the rule of law and institutions are weak or non-existent, where independent professional media and civil society agencies are absent, and where there is no independent judiciary or legal oversight. 
 
CONTRIBUTOR
Mehmet Öğütçü
Mehmet Öğütçü
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Yapı Kredi
Foreword After the violent dissolution of the former Yugoslavia in the 1990s, there had been a shared sense of hope for a more peaceful future for the European continent. Unfortunately, this comfortability disappeared after Russian President Vladimir Putin ordered his troops to march against the Ukrainian forces throughout the border on 24 February 2022. This marked a turning point not only for the region...
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