On International Anti-Corruption Day (9 December), the United Nations has warned that corruption kills development, and is one of the biggest impediments to reaching the Millennium Development Goals. "When public money is stolen for private gain, it means fewer resources to build schools, hospitals, roads and water treatment facilities. When foreign aid is diverted into private bank accounts, major infrastructure projects come to a halt," said Secretary-General Ban Ki-moon. He warned...

Corporate governance codes work only where firms believe working in a legal, ethical and transparent fashion also means good business. It is not in dispute that good corporate governance is all about commitment of a company to run its businesses in a legal, ethical and transparent manner, and that the tone must be set at the top. But are companies in India convinced that good business is all about good corporate...

There has been uproar in southern India's Andhra Pradesh assembly in protest against the government's decision to create a new state. Lawmakers have shouted slogans against the decision to carve out a new state of Telangana in its north. An estimated 35 million people will live in the new state, Telangana. Separately, a four-day strike called by a regional political party demanding a separate state has begun in India's tea-producing Darjeeling...

In energy infrastructure alone, the transformational ambitions the Copenhagen meet is expected to set will cost more than $10 trillion in additional investment.  If negotiators reach an accord at the climate talks in Copenhagen it will entail profound shifts in energy production, dislocations in how and where people live, sweeping changes in agriculture and forestry and the creation of complex new markets in global warming pollution credits. So what is...

Talks under way at the historic United Nations climate change conference in Copenhagen, Denmark, have entered the drafting phase towards reaching a final agreement. The two-week summit in the Danish capital entered its fourth day today, and negotiators have only a few days to wrap up their work before the start of the high-level segments next week, which will draw government ministers and heads of State. The UN Framework Convention...