Corruption entails costs that no country can afford. Serious harm results when public officials take bribes to award business contracts, for example, in areas such as road construction, water infrastructure, medicines or electricity – derailing the functioning of markets and undermining economic development.
This year we mark the 25th anniversary of the OECD AntiBribery Convention which combats corruption by criminalising the bribery of foreign public officials in international business transactions.
Discover our work: oe.cd/brib
#bribery #oecd #corruption

ABOUT THE OECD
The Organisation for Economic Cooperation and Development (OECD) is an international organisation established in 1960 that works collaboratively to build better policies for better lives. Our goal is to shape policies that foster prosperity, equality, opportunity and wellbeing for all. Together with governments, policy makers, policy shapers, and citizens, we work on establishing evidencebased international standards and finding solutions to a range of social, economic and environmental challenges. From improving economic performance and creating jobs to fostering strong education and fighting international tax evasion, we provide a unique forum and knowledge hub for data and analysis, exchange of experiences, bestpractice sharing, and advice on public policies and international standardsetting.
To learn more about the OECD, our global reach, and how to join us, go to https://www.oecd.org/about/'>https://www.oecd.org/about/ To keep up with latest at the OECD, visit https://www.oecd.org/