Comparison of Effects of Corruption on Business in the United States and Latin America

Recent corruption scandals in the United States involving Alaskan Senator Ted Stevens and Illinois Governor Rod Blagojevich highlight the problems that corruption continues to pose to honest government in the United States.  But despite these high-profile scandals, a September 2008 survey on corruption conducted by Miller & Chevalier Chartered found that business people operating in the U.S. are not significantly concerned on a day-to-day basis about corruption affecting their businesses, perhaps as a result of robust U.S. enforcement.  This finding is in stark contrast to another finding in the same survey regarding business conditions in Latin America — respondents doing business in Latin America say that corruption there is a significant obstacle.