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Victims of Corruption

Corruption harms communities and impacts the global economy. It discourages business opportunities, hinders foreign aid and investment, and exacerbates inequality. It victimizes society’s most vulnerable and marginalized individuals by affecting their...

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Bibliographic Details
Main Authors: Falconi, Felipe Freitas, Ugaz, José, Garcia, Juanita Olaya, Soto, Yara Esquivel
Format: Online
Language:English
en_US
Published: Washington, DC: World Bank 2024
Subjects:
Online Access:http://documents.worldbank.org/curated/en/099121823162022588/P1774510a2a253066088dc0112d50f06df2
https://openknowledge.worldbank.org/handle/10986/40818
https://doi.org/10.1596/40818
Description
Summary:Corruption harms communities and impacts the global economy. It discourages business opportunities, hinders foreign aid and investment, and exacerbates inequality. It victimizes society’s most vulnerable and marginalized individuals by affecting their ability to meet their basic needs, as well as reducing their chances of overcoming poverty and exclusion. As such, anti-corruption efforts would be incomplete if damages arising from corrupt acts remain unaddressed. This publication aims at stimulating further research and exchange on the matter by providing an overview of the current state of law and practice regarding the recovery of corruption damages; outlining the different types of legal frameworks and avenues available in different legal systems; and the respective legal barriers and other challenges that may arise.