From China to the United States, Europe to Africa, Southeast Asia to South America, corruption affects events and geopolitics around the world. Here, find reports from our cadre of global experts that take on this issue.
In Peru, the pace of progress slows
In Peru, President Pedro Pablo Kuczynski is wrangling with a fractious, majority-opposition congress. Having just narrowly escaped impeachment proceedings, he offered a presidential pardon to the controversial former President Alberto Fujimori. The move could gain him allies in the opposition’s ranks, but has alienated many of his supporters. However, with copper prices predicted to rise – and with them Peru’s economic growth – he may soon get a respite.
Naftogaz: The keystone of reform in Ukraine
Naftogaz, the natural gas giant that is Ukraine’s largest taxpayer, is again in the news for the wrong reasons. The last two members of its independent supervisory board have resigned, indicating that vested interests have gained the upper hand over the reformist management team. What is happening at Naftogaz reflects a broader backlash in Ukraine – one that, if unchecked, could lead to a restoration of the old guard and Russian infuence.
Opinion: Corruption in Guatemala and why Central America won’t go away
If U.S. President Donald Trump really wants to stop illegal immigration, he would do well to look at its causes, like violence in the Northern Triangle countries of Central America. However, a one-size-fits-all approach will not solve the problem. Each country has its own specific difficulties. In Guatemala, it is corruption. The U.S. and the international community can play a key role in fighting corruption, which could reduce violence and therefore migration – but they must stop sending mixed signals.
The many faces of Rosneft
Over the past decade or so, Russian oil giant Rosneft has concluded some eye-popping deals and more than doubled production. But its rapid growth has been based on questionable deals and huge debts. Behind the scenes, its CEO, Igor Sechin, has mastered Kremlin power plays. But his circle of enemies is growing. The future of Russia’s oil industry will hinge on how far he continues to push the envelope and whether Rosneft can overcome the legacy he has built.
GIS Dossier: Brazil’s crisis
Corruption is nothing new in Latin America, but the sheer scale and brazenness of graft among Brazil’s political and business elites has caused a powerful public backlash. While huge protests against abuse have galvanized the country’s civil society, the crisis has also revealed the strength of its democratic institutions and respect for due process.
Brazil’s embattled president is still not in the clear
Brazilian President Michel Temer beat a corruption indictment by using federal funds and political favors to by off Congress. But the price of his political survival may have been the sacrifice of his fiscal reform program. And Mr. Temer is not out of the woods yet.
Cloudy skies for China’s aviation industry
China's commercial aircraft market will soon be the world's largest, but its domestic industry is not well positioned to take advantage. Engine technology is lagging, while safety, maintenance and other performance issues have set back the development of new aircraft. The outlook for military aviation is even worse unless endemic corruption can be stamped out.
Modi unlikely to overhaul India’s state-owned giants
Indian Prime Minister Narendra Modi came to power under the slogan “the business of government is not business,” but his administration has been slow in privatizing or “disinvesting” from the hundreds of inefficient companies owned by the state. In fact, it has moved actively to maximize the revenue the government can squeeze out of these firms to plug gaps in the state budget. Those who hoped for reform are likely to be disappointed.
Navalny: The black hole of Russian politics
In just four years, Alexey Navalny has taken Russia's political scene by storm. From a complete unknown, he has risen to the first opposition figure who can be legitimately regarded as a possible alternative to Vladimir Putin. But beyond his flashy anti-corruption campaign, even close political observers have little idea what Mr. Navalny stands for. Many cannot shake the feeling that he enjoys a special tolerance from the authorities.
Ukraine in limbo
Well into the fourth year after Russia’s annexation of Crimea and the outbreak of hostilities in Donbas, Ukraine finds itself in a curious state of limbo. There is good news – the economy has bottomed out, the war in the east has frozen at low intensity, and the danger of yet another revolt in Kiev has receded. There is also bad news – rampant corruption is still strangling business, the Minsk peace process is going nowhere, and hopes for reintegrating the separatist-held areas have vanished into thin air.