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 You are in: Under Secretary for Political Affairs > Bureau of International Narcotics and Law Enforcement Affairs > Releases > Reports > Fighting Global Corruption: Business Risk Management > 2001 
Fighting Global Corruption: Business Risk Management    -Report Home Page
Released by the Bureau for International Narcotics and Law Enforcement Affairs
May 2001

A Message from Secretary of State Colin L. Powell

In implementing the President's vision for a robust and responsible foreign policy grounded in democratic values of freedom and market economics, all forms of corruption must be addressed.

Corruption results from a variety of economic, institutional, political, social and historical factors. It flourishes when democratic institutions are weak, laws are not enforced, political will is lacking, and when citizens and the media are not allowed to be partners in democracy. Corruption and unethical behavior by public officials are serious threats to basic principles of democratic government, undermine public confidence in democracy and threaten the rule of law.

Since the enactment of the Foreign Corrupt Practices Act of 1977, the United States has provided indispensable leadership so that business enterprise can compete fairly in the global economy. Today, rule of law and anticorruption initiatives are key foreign policy elements that promote integrity and confidence in both government institutions and in the global marketplace.

As we enter the 21st Century, more people throughout the world are rejecting the notion that corruption is inevitable. Success depends on impartial democratic institutions, open elections, and an unfettered access to information. Success also requires leadership by the private sector and active participation by citizens. Promoting integrity in government and the marketplace improves the global governance climate, nurtures long-term growth, and extends the benefits of prosperity to all people.

As Secretary of State, I am committed to fostering new synergies between economic goals and social progress in our foreign policy. This includes working with governments and enlisting the support of the private sector and non-governmental organizations in public-private partnerships to find solutions to the common challenges in our fight against corruption. We welcome the continued engagement and support of governments, business and civil society working together toward these important goals.

Colin L. Powell

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