QuickTake: Corruption Cases Around the Globe

Corruption consumes 5% of global GDP and perpetuates poverty. Efforts to combat it, like China's anti-graft campaign, have significant economic impacts. Brazil's Petrobras scandal and the Panama Papers highlight widespread corruption. Historically, countries like Hong Kong and Singapore have successfully tackled corruption, serving as models. Over 100 countries have joined the UN Convention against Corruption. Effective public service delivery and regulation of campaign contributions are proposed solutions, though the effectiveness of these measures is debated.

How have Hong Kong and Singapore addressed corruption?

What is the significance of the United Nations Convention against Corruption?