Corruption and Its Global Consequences

Key Points

United Nations' Approach to Corruption

• Often ignores corruption to maintain government cooperation.
• Views corruption as a cost of doing business in some countries.
• This 'head in the sand' approach is flawed.

Nature of Corrupt Regimes

• In troubled countries, corruption is the system.
• Governments in places like Venezuela and Iran serve their own interests through corruption.
• Corruption is integral, not incidental, to their operation.

Need for Addressing Corruption

• Corrupt regimes can't be ignored or dealt with quietly.
• Security Council must address corruption to ensure peace and security.

Examples of Corruption Leading to Conflict

• Ukraine and Victor Yanukovich:
  • Estimates of stolen funds: ~$100 billion in less than 4 years.
  • Lavish lifestyle resented by Ukrainian people.
  • Global ripple effects after Yanukovich was outed.

Conclusion

• Addressing corruption is crucial for global security and peace.
  • Ignoring corrupt regimes only perpetuates instability.