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Jumping The Gun On Burma's Fledgling Economy- Big Oil Tries To Take Advantage Of Minimal Transparency Safeguards
June 29th, 2012
Hopes of democratic improvements and economic stability in Burma are being threatened by American oil companies who are quickly rushing in to capitalize on Burma's newly-open market. With the agreement of Thein Sein, the president of Burma, the U.S. has recently guided Burma towards a more open society in hopes of leading to sustainable economic and governmental structures -- all foreign components to the unstable Burmese nation. Burma also happens to be resource rich. This has brought about the inevitable swarm of U.S. resource companies to Burma’s doorstep, all hoping to stake their claim on the reserves. ...
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Wanted: A replacement for “petty”
June 28th, 2012
Eduardo Bohorquez and Deniz Devrim of Transparencia Mexicana, our national chapter in Mexico, recently published an article arguing for the abolishment of the word “petty” in the term “petty bribery”. They point out that petty bribery in fact generates substantial costs to society, both monetary and non-monetary. For example, surveys find that in Mexico households with the minimum income spend 33 per cent of their monthly income on bribes.
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