Fighting corruption is key to addressing the worlds most pressing . . . At this year’s International Anti-Corruption Conference, the Forum’s Partnering Against Corruption Initiative is hosting several workshops to shape innovative solutions and pave the way forward for the fight against corruption We will place more emphasis on the role of good governance – including anti-corruption – which is needed to
How bad is the global corruption problem? | World Economic Forum To mark International Anti-Corruption Day 2019, here are seven shocking and damaging recent examples of corruption around the world, as identified by Transparency International 1 Across the EMEA region (that’s Europe, the Middle East, and Africa) and India almost half of all workers think bribery and corruption are acceptable if there is an
Corruption is costing the global economy $3. 6 trillion dollars every . . . Corruption can take many forms: bribery, embezzlement, money laundering, tax evasion and cronyism, to name a few Whatever its shape, corruption always comes at someone's expense, and it often leads to weaker institutions, less prosperity, denial of basic services, less employment and more environmental disasters
Why we need to address corruption to achieve the Sustainable . . . Corruption in public procurement is a major issue in many contexts, as the recent Odebrecht scandal highlighted It has far-reaching consequences for the quality and availability of basic services, not only a negative impact on people’s daily life but also on the economy and the environment
3 ways to fight corruption and restore trust in leadership As we identify the paths necessary to come out of this compounded COVID-19 crisis and prepare the conditions for a much-needed Great Reset, we must also keep the focus on long-standing challenges that will affect this recovery - most notably the fight against corruption and the search for greater trust and integrity in institutions across social, economic and political systems
The 4 pillars of corruption, and how to topple them The Forum’s Partnering Against Corruption Initiative, a partnership of more than 100 companies, is a strong example of private-sector involvement, and is currently one of the leading global business voices on anti-corruption and transparency It works with business leaders, international organizations and governments to address corruption and
Corruption is a first world problem, too | World Economic Forum Corruption has several manifestations and affects people’s lives in different ways Widely, it undermines the rule of law, damages trust, hurts development and prevents governments from delivering on their duties Poor countries have highly visible corruption, mostly because of underdeveloped governance frameworks and lax judicial systems
How does corruption affect economic growth? | World Economic Forum The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas Incorporated as a not-for-profit foundation in 1971, and headquartered in Geneva, Switzerland, the Forum is tied to no political, partisan or national interests
3 anti-corruption lessons highlighted by war in Ukraine For weeks, anti-corruption experts have been discussing the various ways that long-standing regional corruption may be fuelling and perpetuating the current conflict Meanwhile, Western democracies have responded to the war in Ukraine with ever-growing sanctions against the Russian economy and political elite
Here are 10 ways to fight corruption | World Economic Forum 7 Sanctions matter: Punishing corruption is a vital component of any effective anti-corruption effort 8 Act globally and locally: Keep citizens engaged on corruption at local, national, international and global levels – in line with the scale and scope of corruption Make use of the architecture that has been developed and the platforms