Craig A. Kelly, U.S. Ambassador to Chile has called for a renewed effort in the war on corruption. The Asia-Pacific Economic Cooperation (APEC). APEC is a group of Government anti-corruption agents that meet and discuss methods of corruption reform. Ambassador Kelly feels that the high rate of corruption among foreign nations is slowing their economic growth.
The two main parts of the economy that are most effected by corruption are:free markets and sustainable growth. With the constant threat of terrorist type leadership many are un willing to foster the ever popular democratic way of thinking. Fear is most detrimental to a capitalistic society. Corruption of government leaders fosters this fear.
Curbing this fear is a big problem, APEC is working towards implementing a transparency act which would give countries relief from corrupt leadership. Countries would be monitored by U.N. Officials that would deter corruption.
I feel that in order for the world trade to work and function properly every country must be able to enjoy the same capitalistic freedom that we do here in the United States, thus for this to happen we as a nation need to support our leaders in their quest to over power these corrupt governments and leaders.