Economic rivalry between the US and China has been well documented by the media in recent years, particularly since the global recession has taken hold of these two financial powerhouses with significant and sometimes shared consequences to both. And, while real GDP growth and foreign investment are two recognized indicators of which country may come out [...]

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Commentary china, Development, illicit, informal economy, migrants, sex work, shadow, socioeconomic development, United States, war

A new study published by Control Risks, an international business risk consultancy, echoes a few of my previous posts on corruption and the general findings of many development economists- when the economy falls, corruption rises. The report, “Corruption, Compliance and Change” argues that, instead of overhauling current financial and regulatory models, the global economic crisis [...]

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Commentary China Briefing, Control Risks, corruption, extradition, FCPA, Garth Peterson