The two reasons given to outlaw foreign bribery are awesome: a) Selfishly, it has unanticipated consequences for foreign policy. b) Altruistically, it causes

The two reasons given to outlaw foreign bribery are awesome: a) Selfishly, it has unanticipated consequences for foreign policy. b) Altruistically, it causes developing countries to misspend money on stuff they don't really need (mostly arms). The second is particularly compelling. Laws outlawing foreign bribery seem like a powerful weapon against the resource curse (https://en.wikipedia.org/wiki/Resource_curse https://en.wikipedia.org/wiki/Resource_curse).