The United Nations estimates that corruption costs the global economy $5 trillion annually, representing 5% of worldwide GDP. The issue is highlighted at the UN Anti-Corruption Conference in Doha, which brings together international stakeholders to address the far-reaching impacts of corruption, including weakened governance and prolonged conflicts.
Breakdown
- Corruption costs the world $5 trillion annually, or 5% of global GDP
- Corruption undermines governance and fuels conflict in countries like Ukraine and Sudan 43s
- Critics link ongoing wars to efforts to divert attention from corruption cases 1m 27s
- Unchecked corruption widens inequality and erodes public trust 1m 54s
- UN conference in Doha focuses on cooperation, transparency, and asset recovery 2m 17s