Document Type

Article

Publication Date

2010

Keywords

bribery, corruption, guanxi, enforcement, Civil Law Convention on Corruption, international arbitration, Organization for Economic Cooperation and Development, OECD, International Convention on Combating Bribery

Abstract

Global concerns over the corruption of weak governments by firms engaged in transnational business are the source of an international movement that emerged in 1997. Special concern is presently directed at the weakness of enforcement of laws enacted in recent times to deter corrupt business practices in international trade that were enacted in response to that movement. One cause of weakness in law enforcement is the failure of China to share actively in those concerns and the efforts to address them. This essay will briefly record steps taken in other nations to address the concerns and the limited effectiveness of those steps. It will urge Chinese participation in the international movement and briefly suggest the need for private enforcement of the law if the movement is to succeed.

Library of Congress Subject Headings

Organisation for Economic Co-operation and Development, Corruption, Convention on Combating Bribery of Foreign Public Officials in International Business Transactions (1997), Corporate culture--China, Bribery, Arbitration (International law)

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