10 November 2009

Global cost of corruption: $1,600,000,000,000

... that's $1.6 trillion with a T - every year. That's an estimate, of course, since it's kind of hard to get a handle on that kind of transaction. Much of it, unfortunately, is stolen from the world's poorest nations. This only makes it harder to fix global hunger and poverty.
"This money is significantly greater than the value of all foreign development aid. It is more than the ten year cost of the health care bill that just passed the House. It would be enough to fund a worldwide basic health system and provide basic primary education to every child on earth. Over the next fifty years it will cost the world much more than climate change."

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