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| Wednesday, 30 June 2004 |
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Asian corruption seen static or worse BEIJING, Tuesday (Reuters) Corruption in Asia has remained largely static or in some cases it has got worse over the past decade, posing risks to economic growth and social stability, global watchdog Transparency International said on Tuesday. While many countries in the region recognised corruption as a problem, more needed to be done to engage businesses and civil society to help eradicate the scourge, said the group's Asia Pacific regional director, Peter Rooke. "I would say that overall corruption levels (in Asia) are not much different and in some cases they may be worse compared to a decade ago," Berlin-based Rooke said on the sidelines of a business forum. "But there is much more recognition to talk about the issue. Ten years ago people didn't even talk about it." Many Asian countries were now paying more than just lip service to battling corruption, which added 20 to 30 percent on to the cost of goods and services in badly affected nations. But it was getting worse in Bangladesh and Cambodia amid a dearth of initiatives to tackle the problem, he said. |
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