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Weekly wire: The global forum

Roxanne Bauer's picture

World of NewsThese are some of the views and reports relevant to our readers that caught our attention this week.

Global Anticorruption blog
International summits come and go, and all too often the promises made at these summits are quickly forgotten, lost in an online catacomb or otherwise hard to track. We at Transparency International are determined that the commitments made by government representatives at last May’s London Anticorruption Summit (648 total commitments by 41 of the 43 participating governments) must not slide into oblivion in this way. That’s why, as Matthew announced in a post earlier this month, we’ve gone through every single country statement and compiled all commitments into one central database, sortable by country, theme, and region. Our goal is for this database to be used by anticorruption advocates and activists to monitor what their countries have committed to, and whether and where they are making progress.
 
Wall Street Journal
The ubiquity of cellphones could allow a rapid expansion of financial services throughout the developing world, with major implications for growth and credit accessibility, a McKinsey & Co. report concludes. “With the technology that’s available today you could provide billions of people and millions of businesses opportunities that don’t exist to them today,” Susan Lund, co-author of the McKinsey Global Institute report on digital finance, said in an interview. The report found that with coordinated action by financial firms, telecommunications companies and developing-country governments, some 1.6 billion people could gain access to financial services by 2025, all without major new expenditures on physical infrastructure.