John Gapper [FT 21.7.10]  compares the heavier penalties imposed on corrupt companies under the US’ Foreign Corrupt Practices Act or the new UK Bribery Act with the relative immunity enjoyed by politicians, pointing out that this is an incentive for large companies to use governments as corporate shields.

Is it the business of government to drum up orders for its private sector?

“Trade promotion is harmless enough, although it begs the question of what business it is of a government to drum up orders for its private sector.”

Morality takes a back seat as trade-offs are made between commercial and state interests

“The revolving door between state capitals and the private sector – many former ministers transfer into glad-handing on behalf of banks – is more questionable. When it gets to trade-offs between commercial and state interests – a military contract here and an oil refinery deal there in return for political favours – morality takes a back seat.”