The effect of globalism is undeniable: With modern-day technological advancements, compounded by the need for social interaction, cross-cultural connectivity has led to international integration of goods, services and capital. This phenomenon, which rapidly expanded after the end of the Cold War, has emboldened businesses to move beyond the contours of geographic boundaries to propel their interests.
By the 1990s, emerging from this global playing field were growing concerns over foreign bribery. Indeed, foreign bribery, prohibited only by the United States up until the late 1990s, became the predominant focus of international organizations: the United Nations, the Organization of American States (OAS), the International Chamber of Commerce, Transparency International and the Organisation for Economic Cooperation and Development (OECD). Patrick Glynn, Stephen J. Kobrin & Moisés Naím, “The Globalization of Corruption,” Corruption & the Global Economy 7, 7-8 (Kimberly Ann Elliot ed., 1997).
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