He is for market liberalization and fighting corruption in government and in the private sector.

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Mr Yushchenko presented himself as a pro-western, free-market reformer who would clean up corruption and enforce the rule of law.

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Rent-controlled flats in New York or Santa Monica are available only to those with connections, creating corruption in the housing market and a border tax on newcomers who must pay higher rents.

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The current Spanish government would have to tackle a deep-rooted culture issue around corruption, bribery and a rampant black market.

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The arrests are proof, say Vietnam's rulers, that they are serious about fighting corruption, which has spread since the introduction of market reforms in the late 1980s.

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The enforcement chief also created five specialized units to oversee the following areas: asset management, large scale market abuses, complex derivatives and financial products, foreign bribery and corruption, and the municipal and public pension markets.

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Khuzami also added five additional units to oversee various areas of the financial industry: asset management, large scale market abuses, complex derivatives and financial products, foreign bribery and corruption, and the municipal and public pension markets.

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One of the biggest problems with corruption, whether in Russia or elsewhere, is that it makes market competition in next to impossible.

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