OECD Development Policy Tools Typology of Corruption Risks in Commodity Trading Transactions

OECD Development Policy Tools Typology of Corruption Risks in Commodity Trading Transactions
Author :
Publisher : OECD Publishing
Total Pages : 41
Release :
ISBN-10 : 9789264699755
ISBN-13 : 9264699759
Rating : 4/5 (759 Downloads)

Book Synopsis OECD Development Policy Tools Typology of Corruption Risks in Commodity Trading Transactions by : OECD

Download or read book OECD Development Policy Tools Typology of Corruption Risks in Commodity Trading Transactions written by OECD and published by OECD Publishing. This book was released on 2021-06-30 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Commodity trading presents specific and heightened risks of corruption due to the large amount of money involved in commodity trading transactions, which are source of important revenues for developing countries, and due to the sophisticated mechanisms used to channel corrupt payments.


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Given their sheer magnitude, the payments made by companies for the purchase of oil, gas and minerals from governments or state-owned enterprises are of signifi