Together Towards Transparency : Lessons from the Implementation of the Construction Sector Transparency Initiative (CoST) Pilot in Guatemala
Publicly financed construction is a key driver for economic growth and poverty reduction worldwide. At the same time, it is a sector unusually prone to corruption, not least due to large opportunities for rent extraction and the technical complexit...
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okr-10986-100922021-04-23T14:02:48Z Together Towards Transparency : Lessons from the Implementation of the Construction Sector Transparency Initiative (CoST) Pilot in Guatemala Schuster, Christian Abreu, Anabela ACCESS TO INFORMATION ACCOUNTABILITY ADMINISTRATIVE TASKS ALLOCATION ARRANGEMENT BINDING BRIBE BRIBE PAYER BRIBE PAYERS BRIBE PAYERS INDEX CIVIL SOCIETY CORRUPTION E-PROCUREMENT E-PROCUREMENT SYSTEM ECONOMIC GROWTH GOVERNMENT ENTITIES GOVERNMENT OFFICIALS INFORMATION DISCLOSURE INITIATIVE LAWS LEGAL CONSTRAINTS LEGAL FRAMEWORK MEDIA MINISTER MINISTERS POLITICAL COMMITMENT POLITICAL ECONOMY PROCUREMENT PUBLIC OFFICIAL PUBLIC OFFICIALS PUBLISHING TRANSPARENCY Publicly financed construction is a key driver for economic growth and poverty reduction worldwide. At the same time, it is a sector unusually prone to corruption, not least due to large opportunities for rent extraction and the technical complexity of infrastructure investments. Transparency international's bribe payer's index ranks construction as the sector most likely to bribe public officials and seek state capture, and an estimated 10-30 percent of the US$5 trillion spent annually on construction worldwide is lost to corruption. Guatemala joined Construction Sector Transparency Initiative (CoST) as an associate country with support from the World Bank in November 2009. As such, it differed from pilot countries in two respects. As CoST Guatemala moves from pilot to expansion in July 2011, it is hoped that the aforementioned success factors will allow the initiative to amplify this effect-and further enhance transparency in a sector so crucial to the country's development. 2012-08-13T10:23:50Z 2012-08-13T10:23:50Z 2011-06 http://documents.worldbank.org/curated/en/2011/06/14767670/together-towards-transparency-lessons-implementation-construction-sector-transparency-initiative-cost-pilot-guatemala http://hdl.handle.net/10986/10092 English en breve; No. 168 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Brief Publications & Research Latin America & Caribbean Guatemala |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
ACCESS TO INFORMATION ACCOUNTABILITY ADMINISTRATIVE TASKS ALLOCATION ARRANGEMENT BINDING BRIBE BRIBE PAYER BRIBE PAYERS BRIBE PAYERS INDEX CIVIL SOCIETY CORRUPTION E-PROCUREMENT E-PROCUREMENT SYSTEM ECONOMIC GROWTH GOVERNMENT ENTITIES GOVERNMENT OFFICIALS INFORMATION DISCLOSURE INITIATIVE LAWS LEGAL CONSTRAINTS LEGAL FRAMEWORK MEDIA MINISTER MINISTERS POLITICAL COMMITMENT POLITICAL ECONOMY PROCUREMENT PUBLIC OFFICIAL PUBLIC OFFICIALS PUBLISHING TRANSPARENCY |
spellingShingle |
ACCESS TO INFORMATION ACCOUNTABILITY ADMINISTRATIVE TASKS ALLOCATION ARRANGEMENT BINDING BRIBE BRIBE PAYER BRIBE PAYERS BRIBE PAYERS INDEX CIVIL SOCIETY CORRUPTION E-PROCUREMENT E-PROCUREMENT SYSTEM ECONOMIC GROWTH GOVERNMENT ENTITIES GOVERNMENT OFFICIALS INFORMATION DISCLOSURE INITIATIVE LAWS LEGAL CONSTRAINTS LEGAL FRAMEWORK MEDIA MINISTER MINISTERS POLITICAL COMMITMENT POLITICAL ECONOMY PROCUREMENT PUBLIC OFFICIAL PUBLIC OFFICIALS PUBLISHING TRANSPARENCY Schuster, Christian Abreu, Anabela Together Towards Transparency : Lessons from the Implementation of the Construction Sector Transparency Initiative (CoST) Pilot in Guatemala |
geographic_facet |
Latin America & Caribbean Guatemala |
relation |
en breve; No. 168 |
description |
Publicly financed construction is a key
driver for economic growth and poverty reduction worldwide.
At the same time, it is a sector unusually prone to
corruption, not least due to large opportunities for rent
extraction and the technical complexity of infrastructure
investments. Transparency international's bribe
payer's index ranks construction as the sector most
likely to bribe public officials and seek state capture, and
an estimated 10-30 percent of the US$5 trillion spent
annually on construction worldwide is lost to corruption.
Guatemala joined Construction Sector Transparency Initiative
(CoST) as an associate country with support from the World
Bank in November 2009. As such, it differed from pilot
countries in two respects. As CoST Guatemala moves from
pilot to expansion in July 2011, it is hoped that the
aforementioned success factors will allow the initiative to
amplify this effect-and further enhance transparency in a
sector so crucial to the country's development. |
format |
Publications & Research :: Brief |
author |
Schuster, Christian Abreu, Anabela |
author_facet |
Schuster, Christian Abreu, Anabela |
author_sort |
Schuster, Christian |
title |
Together Towards Transparency : Lessons from the Implementation of the Construction Sector Transparency Initiative (CoST) Pilot in Guatemala |
title_short |
Together Towards Transparency : Lessons from the Implementation of the Construction Sector Transparency Initiative (CoST) Pilot in Guatemala |
title_full |
Together Towards Transparency : Lessons from the Implementation of the Construction Sector Transparency Initiative (CoST) Pilot in Guatemala |
title_fullStr |
Together Towards Transparency : Lessons from the Implementation of the Construction Sector Transparency Initiative (CoST) Pilot in Guatemala |
title_full_unstemmed |
Together Towards Transparency : Lessons from the Implementation of the Construction Sector Transparency Initiative (CoST) Pilot in Guatemala |
title_sort |
together towards transparency : lessons from the implementation of the construction sector transparency initiative (cost) pilot in guatemala |
publishDate |
2012 |
url |
http://documents.worldbank.org/curated/en/2011/06/14767670/together-towards-transparency-lessons-implementation-construction-sector-transparency-initiative-cost-pilot-guatemala http://hdl.handle.net/10986/10092 |
_version_ |
1764411801693323264 |