Corruption: a phenomenon that is both old and new
Various forms of corruption have accompanied humanity throughout time. However, in the last few decades it has increasingly become a public phenomenon. Today, we know that corruption causes massive economic and political damage. In the 1990s, corruption became a global issue and led to numerous international anti-corruption conventions and treaties. Switzerland has ratified three of these, while also steadily developing its domestic anti-corruption laws consistently with these conventions and treaties. Yet, despite these efforts, corruption remains a significant challenge for private undertakings as well as state actors – even more so in the context of technological advancement.
