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Corruption wastes public money by diverting it into the hands of corrupt politicians, businesses and their agents. It perverts public policy decisions, by buying decisions which suit the interests of the rich and powerful elite. It steals wealth from countries and places it in tax havens for the benefit of corrupt individuals.
This document's analysis of corruption finds different conclusions from the official international bodies. Instead of being concerned with creating a low cost ‘level playing field’ for international business, the focus should be on creating quality public services and preventing public policy from capture by commercial interests.
The global trade union federation Public Services International (PSI) commissioned this report from the Public Services International Research Unit (PSIRU) at Greenwich University.