Passage 2

Now, let’s turn to the problem of corruption. I think all countries should take a firm stance on corruption, pursue a sensible macro economic policy, and are committed to poverty elimination. One of the conclusions to be drawn from the Asian crisis is that development is unsustainable where there is widespread corruption. Proper regulation and transparent economic management will increasingly be a pre-requisite for investment—and not just for foreign investors, but for domestic investment too. //
    Of course, the causes of corruption do not only lie in developing countries. It is extraordinary that only now the Organization for Economic Co-operation and Development is recommending that all countries make it a criminal offence to offer a bribe to a public official overseas. We must intensify our efforts, and firmly and resolutely take any necessary measures in our combat against corrupt government officials.