Corruption 'impoverishes and kills millions'

[alp227]

Source: BBC

An estimated $1tn (£600bn) a year is being taken out of poor countries and millions of lives are lost because of corruption, according to campaigners.

A report by the US-based anti-poverty organisation One says much of the progress made over the past two decades in tackling extreme poverty has been put at risk by corruption and crime.

Corrupt activities include the use of phantom firms and money laundering.

The report blames corruption for 3.6 million deaths every year.

If action were taken to end secrecy that allows corruption to thrive - and if the recovered revenues were invested in health - the group calculates that many deaths could be prevented in low-income countries.

Read more: http://www.bbc.com/news/world-29040793

[heaven05]

1. how much of that is happening in

the good ole USA?

[Snarkoleptic]

2. This story has almost the exact same track as articles I've read on extreme income inequality.

I suspect this is because those who gain the most from corruption are the plutocrats. Without a doubt there are some relatively minor sums going to non-plutocrats in order to facilitate/perpetuate, but the vast majority goes to the few at the expense of the many.