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	<title>Stock Blog Hub &#187; G20</title>
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		<title>Money Won’t Solve This Problem &#8211; Money IS The Problem</title>
		<link>http://www.stockbloghub.com/2009/09/24/money-won%e2%80%99t-solve-this-problem-money-is-the-problem/15999</link>
		<comments>http://www.stockbloghub.com/2009/09/24/money-won%e2%80%99t-solve-this-problem-money-is-the-problem/15999#comments</comments>
		<pubDate>Thu, 24 Sep 2009 20:13:09 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Corruption]]></category>
		<category><![CDATA[G20]]></category>

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		<description><![CDATA[As the G20 summit in Pittsburgh gets underway, a new report has highlighted the extent of the problems that global leaders face. What’s more, this problem can’t be solved by simply tossing money at it. In fact, money is the problem. A group called Transparency International just published its latest Global Corruption Report, which reveals the damaging extent that illegal activities have on the global economy. Drawing on in-depth research from 45 countries, the firm said bribery and price-fixing costs tens of billions of dollars a year in lost revenue and economic growth. In turn, this skews economic policy. For example, the business survey found that two out of five companies had been asked to bride government officials, with half saying that corruption tacked on 10% to project costs. Quoted ]]></description>
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