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
Has globalization made corruption worse? | 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
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
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
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
Is this the way to finally beat corruption? | World Economic Forum Both levels of corruption and trust seem to affect economic growth but the mechanism of ‘how’ this is achieved is still largely unknown We looked into this further and found some key institutional, behavioural and technological dimensions to Argentina’s positive progress in rebuilding trust and addressing corruption:
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
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
How corruption harms society and ways to combat it Globally, corruption costs an estimated $3 6 trillion annually in bribes and stolen funds, with an additional $1 6 trillion lost to money laundering These staggering figures only scratch the surface of its broader impact Corruption diverts resources from critical services and societal needs