The FCPA and Corruption in Burma and Somalia
September 27th, 2009The FCPA, Foreign Corrupt Practices Act sets out to ensure that no American company will become involved with foreign companies that may have connections to such acts of corruption as terrorist financing and money laundering. These two criminal acts are often found hand in hand. Two countries most noted for corruption in these current times are Somalia and Burma.
They have made it to the top of that list for a few years running, a list compiled by Transparency International. This list rates countries based on the perception of the public, and of the politicians and officials of each given country. The same list reveals that the countries with the least amount of corruption, remain to be New Zealand, Finland and Denmark.
What has been concluded by political scientists, is that the countries that are either developing, or torn apart by war or conflict, tend to rank at the top of the corruption list. These are places wherein the public and private institutions remain perpetually crippled or in many cases are simply non-existent.
There are many accusations that can fly, especially from foreign countries, towards the situations in Burma and in Somalia, but without access to resources and funding, these countries are on one their own, basically, and each citizen remains responsible for just doing the best that they can in any given moment.
Until 1988, Burma was the jewel of the region in Southeast Asia, but now through this corruption, the mismanagement of the government, and repression, this is one the worst places to attempt to live and to exist, in any healthy fashion what so ever.
Anarchy and violence has been the curse in Somalia since 1991, when Mohamed Siad Barre was overthrown by warlords. These gangsters have since turned on each other, and the country is a mess because of it. Control is being sought however, as it is every one’s dream to just live, to just simply live in harmony.