That seems interesting. I'd be interested to know whether that's true and for which specific countries. How much of it is powerful MNCs utilizing their power to put the right politician/legislator in place, similar to how lobbying works in the US.
I'm also surprised you use the strong words "overlook" and "fact". I wonder if you're perhaps confusing hollywood portrayal of Asia/Africa/developing countries for reality. I see that mistake made often by people who have not spent significant time overseas or have chosen to live purely in an expat bubble.
> You might not be aware that in a country like China it is common for foreign companies to be penalized for "corruption" that is widely known to be standard fare in local industry.
I'm quite familiar with China. What you're saying maybe partially true but just like the USA, it's lobbying, not direct corruption. Calling it "standard fare" "corruption" would be equivalent to calling American business/lobbying industry as the same. In much the same way that you wouldn't call Boeing/McDonald Douglas/steel industry/coal industry lobbying as corruption. If I'm mistaken, could you please give a specific instance with the facts you're referring to.