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The New Rules for Global Finance Coalition invite you

to a brown bag lunch presentation and discussion of

 

Corruption

 

with Raymond Baker and Ariel Buira

 

Tuesday, July 18, 2006

12:00 pm – 2:00 pm

Institute for Policy Studies

1112 16th Street, NW, Suite 600,

Washington, DC  20036

 

Raymond Baker's Presentation

 

Background Paper Recommended by Ariel Buira: Governance and Anti-Corruption Reforms in Developing Countries: Policies, Evidence and Ways Forward by Mushtaq Husain Khan

 

World Bank President Paul Wolfowitz has made corruption  his signature issue.  The assumption is that everyone shares the same common definition of corruption, and knows who to blame.  In the World Bank context, the “bad guys” are developing country government officials on the take.  Is this the major source of corruption?  Who are the responsible parties?  What are the remedies?  If the World Bank were to develop criteria for determining the degree of corruption, what would it look like? 

 

Raymond Baker will be the lead presenter, describing three major sources of corruption, and the institutions designed to facilitate the transfer of massive amounts of “dirty money.”  The perpetrators of the corruption rarely include developing country officials, and the designers of the sophisticated infrastructure that moves the cash may surprise you. 

 

Ariel Buira, the lead respondent, has long been an official of a developing country government, Mexico.  His perspective on corruption does not precisely coincide with that of Mr. Wolfowitz.  Indeed, is Mr. Wolfowitz and his institution free of corruption?  Well positioned to tackle this issue?

 

Please join us for what is a timely and candid discussion of an issue that has been placed at the center of the development agenda.

 

Raymond Baker is the Author of  Capitalism’s Achilles Heel: Dirty Money and How to Renew the Free-Market System. After a long career in international business, Raymond is a guest scholar at the Brookings Institution and a senior fellow at the Center for International Policy, both in Washington DC. He appears often on television and radio in the United States and overseas and testifies before House and Senate committees. Baker has an MBA from Harvard, lived in Africa for many years, and has done business across much of the developing world.

 

Ariel Buira is currently Director, G-24 Secretariat in Washington DC.  He has a B.A. in Economics, Manchester University, a Diploma on Economic Integration, University of Paris, a Diploma for Advanced Studies in Economic Development, Manchester University, and an M.A. Economics, Manchester University.  He served as Special Envoy of the President of Mexico for the U.N. Conference on Financing for Development from October 2001 to March 2002.  He has been Senior Member, St. Antony’s College at the University of Oxford and served as Ambassador of Mexico to Greece from 1998-2001.  He served as a Member of the Board of Governors of the Bank of Mexico from 1994-1996 and was Chairman of the Board of Directors of BLADEX (Latin American Export Bank) from 1985-1994.  He was Director for International Organizations and Agreements, Bank of Mexico, 1985-1993 and Executive Director of the International Monetary Fund 1980-1982, and Alternate Executive Director from 1978-1980.

 

 

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Last updated: 05/06/08.