Whistleblowing can help tackle corruption in the private sector

Private sector corruption is frequently referred to as supply-side corruption. [iStockphoto]

As the world continues to respond to growing economic uncertainty, a climate crisis manifesting in various forms across the world and grave effects of the first land war in Europe for decades, it is critical that we also don't lose sight of and address the issue of corruption.

When it comes to corruption, public sector corruption typically gets most of the attention. Despite the effects of government corruption, corruption in the private sector is also a systematic issue that acts as an enabler of the rampant public sector corruption or what economists refer to as demand-side corruption.