iPolitics By Susan Côté-Freeman. Published on Apr 29, 2021 5:14pm While people of all genders, ages, and races may encounter corruption, it hits poor and vulnerable groups the hardest, and women are often among them. (Shutterstock)
In early April, the Globe and Mail’s Report on Business magazine published its second benchmark report on female leadership, “Women Lead Here.” The report offered a more positive counterpoint to earlier reporting by the Globe in its “Power Gap” series, which exposed the lack of gender equity throughout the Canadian public and private sectors. In a nutshell, the series confirmed that women continue to be “outnumbered, outranked, and out-earned” in most Canadian institutions.
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We cannot end poverty without ending corruption
Illustration: Collected
How do corruption and poverty impact each other? I remember reading Why Nations Fail: The Origins of Power, Prosperity, and Poverty , a book gifted by a German friend of mine on my birthday. A comparative study of Germany and Bangladesh can offer important insights. The difference in the levels of poverty and prosperity between the two countries is staggering. In Germany, the current rate of per capita Gross Domestic Product is USD 45,466; the country is placed sixth in the global Human Development Index ranking (a measure combining health, wealth and education), and it ranks 22nd in the world in terms of ease-of-doing-business. Whereas in Bangladesh, per capita GDP stands at around USD 2,122 and it comes in at 133rd and 168th positions, respectively, in the aforementioned rankings. In the Transparency International s Corruption Perceptions Index (2020), while Germany is ranked ninth, Bangladesh ranks at 146th
Date Time
Global Anti-Corruption Sanctions Regime Foreign Secretary’s statement to Parliament, April 2021
Madame Deputy Speaker, with your permission, I would like to make a statement on our new Global Anti-Corruption Sanctions Regulations.
Corruption has an immensely corrosive effect on the rule of law, on trust in institutions.
It slows development, it drains the wealth of poorer nations. It keeps their people trapped in poverty.
It poisons the well of democracy around the world.
Whistleblowers and those who seek to expose corruption are targeted.
Some have paid the ultimate price with their lives, including of course Sergei Magnitsky himself – the inspiration for our Human Rights Sanctions regime.
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