Word: rich
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Dates: during 2000-2009
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...fact that a nation such as Britain is required to answer to its peers over a specific case highlights the prominence of the fight against corruption. The o.e.c.d.'s 30 rich country members signed an antibribery convention in 1997 after years of difficult negotiation and several failed attempts by others to construct something similar. That 1997 convention - under which signatories pledge themselves to outlaw bribery of foreign public officials in international business - has since become the cornerstone of international antibribery policy; six non-o.e.c.d. members, including Brazil and Argentina , have also signed...
...giving business a bad name the world over. The U.S. tried to outlaw the habit with its Foreign Corrupt Practices Act of 1977, which makes it unlawful for any American firm to make a corrupt payment to a foreign official. But that was long the exception; many other rich countries simply turned a blind eye. In Germany and Luxembourg , bribes used to be tax deductible. In many countries, and for many firms, bribes were just the way things were done...
...late, opinion on corruption has changed, as campaigners such as rock star Bono, joined by businesses and governments, have argued that corruption is a key cause of Africa 's underdevelopment and makes a mockery of international competition for contracts. In part, that is because business leaders in the old rich countries fear new competition. At a conference on business corruption in Paris last December, executives from France - no strangers to business-ethics scandals themselves - complained that they were losing out in Africa to Chinese firms that were less legally and morally encumbered...
...former Mather House resident said. “This is a chance to learn from students and from Harvard overall.” Douglass too hopes to benefit tremendously from a semester at the Center. “I can already tell that this is such a rich environment,” she said. “And I’ve only been here one and a half days.” —Staff writer Alexandra C. Wood can be reached at awood@fas.harvard.edu...
Here at Harvard, I see a climate of hatred for country music enthusiasts. People here flock to the treasonous saccharine-pop of Belle and Sebastian and the narcoleptic groaning of Iron and Wine, without even considering Big and Rich or Brooks and Dunn, both venerable duos in their own right...