Can Private Sector Action Tackle Corruption?
Corruption is an impediment to growth and poverty reduction. As the authors in this issue of Development Outreach well document, corruption limits opportunities, creates inefficiencies and forms additional barriers to the smooth delivery of service...
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| Format: | Brief |
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2012
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| Online Access: | http://documents.worldbank.org/curated/en/2007/01/7380911/can-private-sector-action-tackle-corruption http://hdl.handle.net/10986/9582 |
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okr-10986-95822021-04-23T14:02:46Z Can Private Sector Action Tackle Corruption? Léautier, Frannie Petkoski, Djordjija Jarvis, Michael ACCOUNTABILITY ANTI-CORRUPTION ANTICORRUPTION ANTICORRUPTION EFFORTS ANTICORRUPTION MEASURES ANTICORRUPTION WORK BEST PRACTICES BRIBERY BRIBERY OF FOREIGN PUBLIC OFFICIALS BUSINESS ASSOCIATIONS BUSINESS ENVIRONMENT CAPACITY DEVELOPMENT CITIZENS CITIZENSHIP CIVIL SOCIETY CIVIL SOCIETY ACTORS CIVIL SOCIETY GROUPS COALITIONS COLLABORATION COLLECTIVE ACTION COMBATING BRIBERY CONSENSUS CORPORATE CITIZENSHIP CORPORATE GOVERNANCE CORRUPTION DECISION MAKERS ETHICS EXTORTION EXTRACTIVE INDUSTRIES FIGHTING CORRUPTION FISCAL MANAGEMENT FOREIGN FRAUD GLOBAL GOVERNANCE GLOBAL INITIATIVES GLOBAL STANDARDS GOOD GOVERNANCE GOVERNANCE COMPONENTS GOVERNANCE ISSUES GOVERNMENT EFFECTIVENESS INSTITUTIONAL REFORM INTERNATIONAL AGENCIES INTERNATIONAL ORGANIZATIONS INVESTMENT CLIMATE INVESTORS LOCAL BUSINESS MOBILIZATION MULTILATERAL INSTITUTIONS NATIONAL INTEGRITY OUTREACH POLITICAL STABILITY POVERTY REDUCTION PRIVATE SECTOR DEVELOPMENT PROCUREMENT PUBLIC AWARENESS PUBLIC EXPENDITURE PUBLIC OFFICIALS PUBLIC SECTOR PUBLIC SECTOR GOVERNANCE REGULATORY QUALITY RULE OF LAW SOCIAL OUTCOMES STAKEHOLDER STAKEHOLDERS SUPPLY CHAINS TRANSPARENCY Corruption is an impediment to growth and poverty reduction. As the authors in this issue of Development Outreach well document, corruption limits opportunities, creates inefficiencies and forms additional barriers to the smooth delivery of services. Crucially, from the perspective of the World Bank Group, corruption cumulatively undermines progress towards achieving development objectives, not least as its impact is most adversely felt by the world's poor. The World Bank has taken a clear public stance-based on exhaustive research-to seek ways to combat corruption. To this end we do and must work together with other international organizations, governments, civil society groups, and the private sector. As noted by World Bank President Paul Wolfowitz, the private sector worldwide is one of the most important partners in this process and, without the active engagement of business, progress will be limited. This newsletter includes some of the following headings: introduction; why should business care; corruption affects everyone and exists all over the world; capacity of government to regulate is key; so, what is being done; action by individual firms; collective action and the role of associations; industry-wide efforts also hold promise; global standards can be effective at producing peer pressure to reform; the World Bank's contribution; increased attention to its own loan portfolio; the power of data and benchmarking; embedding governance and anti-corruption at the heart of country strategy; powerful diagnosis and analytical tools help guide actions at the country level; affecting both the demand and supply side of good governance; multi-stakeholder partnerships are a complex and nuanced undertaking. 2012-08-13T09:01:08Z 2012-08-13T09:01:08Z 2007-01 http://documents.worldbank.org/curated/en/2007/01/7380911/can-private-sector-action-tackle-corruption http://hdl.handle.net/10986/9582 English Africa Region Findings & Good Practice Infobriefs; No. 270 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Brief Publications & Research Africa |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCOUNTABILITY ANTI-CORRUPTION ANTICORRUPTION ANTICORRUPTION EFFORTS ANTICORRUPTION MEASURES ANTICORRUPTION WORK BEST PRACTICES BRIBERY BRIBERY OF FOREIGN PUBLIC OFFICIALS BUSINESS ASSOCIATIONS BUSINESS ENVIRONMENT CAPACITY DEVELOPMENT CITIZENS CITIZENSHIP CIVIL SOCIETY CIVIL SOCIETY ACTORS CIVIL SOCIETY GROUPS COALITIONS COLLABORATION COLLECTIVE ACTION COMBATING BRIBERY CONSENSUS CORPORATE CITIZENSHIP CORPORATE GOVERNANCE CORRUPTION DECISION MAKERS ETHICS EXTORTION EXTRACTIVE INDUSTRIES FIGHTING CORRUPTION FISCAL MANAGEMENT FOREIGN FRAUD GLOBAL GOVERNANCE GLOBAL INITIATIVES GLOBAL STANDARDS GOOD GOVERNANCE GOVERNANCE COMPONENTS GOVERNANCE ISSUES GOVERNMENT EFFECTIVENESS INSTITUTIONAL REFORM INTERNATIONAL AGENCIES INTERNATIONAL ORGANIZATIONS INVESTMENT CLIMATE INVESTORS LOCAL BUSINESS MOBILIZATION MULTILATERAL INSTITUTIONS NATIONAL INTEGRITY OUTREACH POLITICAL STABILITY POVERTY REDUCTION PRIVATE SECTOR DEVELOPMENT PROCUREMENT PUBLIC AWARENESS PUBLIC EXPENDITURE PUBLIC OFFICIALS PUBLIC SECTOR PUBLIC SECTOR GOVERNANCE REGULATORY QUALITY RULE OF LAW SOCIAL OUTCOMES STAKEHOLDER STAKEHOLDERS SUPPLY CHAINS TRANSPARENCY |
| spellingShingle |
ACCOUNTABILITY ANTI-CORRUPTION ANTICORRUPTION ANTICORRUPTION EFFORTS ANTICORRUPTION MEASURES ANTICORRUPTION WORK BEST PRACTICES BRIBERY BRIBERY OF FOREIGN PUBLIC OFFICIALS BUSINESS ASSOCIATIONS BUSINESS ENVIRONMENT CAPACITY DEVELOPMENT CITIZENS CITIZENSHIP CIVIL SOCIETY CIVIL SOCIETY ACTORS CIVIL SOCIETY GROUPS COALITIONS COLLABORATION COLLECTIVE ACTION COMBATING BRIBERY CONSENSUS CORPORATE CITIZENSHIP CORPORATE GOVERNANCE CORRUPTION DECISION MAKERS ETHICS EXTORTION EXTRACTIVE INDUSTRIES FIGHTING CORRUPTION FISCAL MANAGEMENT FOREIGN FRAUD GLOBAL GOVERNANCE GLOBAL INITIATIVES GLOBAL STANDARDS GOOD GOVERNANCE GOVERNANCE COMPONENTS GOVERNANCE ISSUES GOVERNMENT EFFECTIVENESS INSTITUTIONAL REFORM INTERNATIONAL AGENCIES INTERNATIONAL ORGANIZATIONS INVESTMENT CLIMATE INVESTORS LOCAL BUSINESS MOBILIZATION MULTILATERAL INSTITUTIONS NATIONAL INTEGRITY OUTREACH POLITICAL STABILITY POVERTY REDUCTION PRIVATE SECTOR DEVELOPMENT PROCUREMENT PUBLIC AWARENESS PUBLIC EXPENDITURE PUBLIC OFFICIALS PUBLIC SECTOR PUBLIC SECTOR GOVERNANCE REGULATORY QUALITY RULE OF LAW SOCIAL OUTCOMES STAKEHOLDER STAKEHOLDERS SUPPLY CHAINS TRANSPARENCY Léautier, Frannie Petkoski, Djordjija Jarvis, Michael Can Private Sector Action Tackle Corruption? |
| geographic_facet |
Africa |
| relation |
Africa Region Findings & Good Practice Infobriefs; No. 270 |
| description |
Corruption is an impediment to growth
and poverty reduction. As the authors in this issue of
Development Outreach well document, corruption limits
opportunities, creates inefficiencies and forms additional
barriers to the smooth delivery of services. Crucially, from
the perspective of the World Bank Group, corruption
cumulatively undermines progress towards achieving
development objectives, not least as its impact is most
adversely felt by the world's poor. The World Bank has
taken a clear public stance-based on exhaustive research-to
seek ways to combat corruption. To this end we do and must
work together with other international organizations,
governments, civil society groups, and the private sector.
As noted by World Bank President Paul Wolfowitz, the private
sector worldwide is one of the most important partners in
this process and, without the active engagement of business,
progress will be limited. This newsletter includes some of
the following headings: introduction; why should business
care; corruption affects everyone and exists all over the
world; capacity of government to regulate is key; so, what
is being done; action by individual firms; collective action
and the role of associations; industry-wide efforts also
hold promise; global standards can be effective at producing
peer pressure to reform; the World Bank's contribution;
increased attention to its own loan portfolio; the power of
data and benchmarking; embedding governance and
anti-corruption at the heart of country strategy; powerful
diagnosis and analytical tools help guide actions at the
country level; affecting both the demand and supply side of
good governance; multi-stakeholder partnerships are a
complex and nuanced undertaking. |
| format |
Publications & Research :: Brief |
| author |
Léautier, Frannie Petkoski, Djordjija Jarvis, Michael |
| author_facet |
Léautier, Frannie Petkoski, Djordjija Jarvis, Michael |
| author_sort |
Léautier, Frannie |
| title |
Can Private Sector Action Tackle Corruption? |
| title_short |
Can Private Sector Action Tackle Corruption? |
| title_full |
Can Private Sector Action Tackle Corruption? |
| title_fullStr |
Can Private Sector Action Tackle Corruption? |
| title_full_unstemmed |
Can Private Sector Action Tackle Corruption? |
| title_sort |
can private sector action tackle corruption? |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2007/01/7380911/can-private-sector-action-tackle-corruption http://hdl.handle.net/10986/9582 |
| _version_ |
1764409904118890496 |