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September 25, 2006

Corruption still holds emerging markets back

By Shawn Donnan in Jakarta

Published: 25/9/2006 | Last Updated: 25/9/2006 16:50 London Time

The development of emerging market economies continues to be held back by corruption and poor governance in spite of their increasing influence on the global stage and growing foreign direct investment in other countries.

That was the most striking message from a two-day meeting of current and former central bankers, development experts, finance ministers, investors, and presidents of countries such as Brazil, India, and Tanzania.

Full Story...

Posted by pichu at September 25, 2006 4:09 PM