Dear Alumni, Students, Faculty and Friends,
Corruption affects every industry, every nation, every business and, ultimately, every one of us.
In recent months, before the Rupert Murdoch headlines, before Chinese journalists bravely questioned the high-speed train crash "that never should have happened" and before whatever scandals will surface between my writing and the publication of this magazine, corruption has been on the minds of our faculty, our alumni and our students.
Is it a "moral problem" or a "cost of doing business?" And if corruption is unavoidable, who pays both the immediate and the long-term costs? How does it affect rich and poor countries, corporations and individuals? These are quandaries that a number of our faculty thought leaders and other observers examine in this issue of GWbusiness (page 8), leading us to a deeper understanding of corruption in its many forms.
Our faculty has always been committed to examining tough issues, preparing our students and helping our community navigate beyond conceptual problems to forge real change in the world.
In this issue, we also profile one of our leading researchers, Danny Leipziger, who served as vice president of the World Bank's Poverty Reduction and Economic Management network before joining our faculty. He has launched "Growth Dialogue," a forum that links academics, government figures and local and international experts with a common interest in the developing world (page 4).
Challenges come in many forms, and solutions come in unexpected shapes. One of our alumnae, a native of France who moved to D.C., was growing tired of the "fat, fast American food" she encountered at every turn. So she launched a delicious enterprise—Litestars—on L Street in D.C. (page 20). At Litestars, you can enjoy a delectable meal, a glass of wine and a tasty dessert, without the fries, calories or guilt. You may see the concept spreading.
Finally, I am sorry to share some sad news with you. One of our most respected colleagues and beloved teachers, Dr. Salvatore "Sal" F. Divita, who was a part of GWSB for 43 years and had recently retired to serve as professor emeritus, passed away this past summer (page 27). We know that many of his former students will remember him fondly.
Dean and Professor of Management and International Business
The George Washington University School of Business