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Tuesday, April 22, 2014

Where Does the “$1 Trillion in Annual Bribes” Number Come From?

Where Does the “$1 Trillion in Annual Bribes” Number Come From?

by Matthew Stephenson
Given the generally accepted view that bribery is widespread around the world, it probably doesn’t make sense to get too hung up over the specific numbers. That said, I’ve seen the figure of (approximately) $1 trillion in annual bribe payments thrown around quite a bit, and I was curious where that number came from.  It seems to me it would be very difficult for even the most intrepid researcher to come up with a plausible ballpark estimate of the total dollar amount of annual bribe transactions. After poking around a bit on the web and in some of the relevant literature, I’m coming up empty. Here’s what I can tell so far: Read more of this posthttp://globalanticorruptionblog.com/2014/04/22/where-does-the-1-trillion-in-annual-bribes-number-come-from/

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