The role of law in sustainable economic development is obscure. The fiscal significance of combating corruption is even more so. The building block of modern day global economic best practices in both corporate governance and risk management is to raise awareness of the financial costs of corruption and consequently the importance of professional practices focusing on countering financial crime.

This Article will seek to demonstrate the negative effects of income inequality on sustainable economic development, the negative effects of low approval ratings (unhappiness) on sustainable economic development and the negative effects of corruption on redistribution as well as approval ratings and consequently on sustainable economic development. Understanding these issues one easily grasps the intricate notion of law, combating corruption and sustainable economic development and how the likes of Pinsent Masons' Corporate Crime and Internal Investigations practice can help both governments and businesses achieve sustainable economic growth.

Economic costs of corruption