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Organization for Economic Co-operation and Development (OECD)

Every country has a different culture, different business practices, and different values. In many countries, it is accepted and expected to give gifts, to wine and dine officials and to employ friends and family members.

On the other hand, there are organizations, such as Organization for Economic Co-operation and Development (OECD) that bring together the governments of countries and provide a setting where governments compare policy experiences, seek answers to common problems, identify good practice, and coordinate domestic and international policies.

Every year in December, OECD celebrates International Anti-Corruption Day and its Initiative to Raise Global Awareness of Foreign Bribery.

I refer you to read more about bribery and corruption at the following Web page:

http://www.oecd.org/corruption/

Write 300 words about bribery and corruption

Microeconomics, Economics

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