Corruption and the Global Economy

Corruption and the Global Economy PDF Author: Kimberly Ann Elliott
Publisher: Columbia University Press
ISBN: 0881323233
Category : Political Science
Languages : en
Pages : 258

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Book Description
The recently-adopted OECD convention outlawing bribery of foreign public officials is welcome evidence of how much progress has been made in the battle against corruption. The financial crisis in East Asia is an indication of how much remains to be done. Corruption is by no means a new issue but it has only recently emerged as a global issue. With the end of the Cold War, the pace and breadth of the trends toward democratization and international economic integration accelerated and expanded globally. Yet corruption could slow or even reverse these trends, potentially threatening economic development and political stability in some countries. As the global implications of corruption have grown, so has the impetus for international action to combat it. In addition to efforts in the OECD, the Organization of American States, the World Trade Organization, and the United Nations General Assembly, the World Bank and the International Monetary Fund have both begun to emphasize corruption as an impediment to economic development. This book includes a chapter by the Chairman of the OECD Working Group on Bribery discussing the evolution of the OECD convention and what is needed to make it effective. Other chapters address the causes and consequences of corruption, including the impact on investment and growth and the role of multinational corporations in discouraging bribery. The final chapter summarizes and also discusses some of the other anticorruption initiatives that either have been or should be adopted by governments, multilateral development banks, and other international organizations.

Corruption and the Global Economy

Corruption and the Global Economy PDF Author: Kimberly Ann Elliott
Publisher: Columbia University Press
ISBN: 0881323233
Category : Political Science
Languages : en
Pages : 258

Get Book Here

Book Description
The recently-adopted OECD convention outlawing bribery of foreign public officials is welcome evidence of how much progress has been made in the battle against corruption. The financial crisis in East Asia is an indication of how much remains to be done. Corruption is by no means a new issue but it has only recently emerged as a global issue. With the end of the Cold War, the pace and breadth of the trends toward democratization and international economic integration accelerated and expanded globally. Yet corruption could slow or even reverse these trends, potentially threatening economic development and political stability in some countries. As the global implications of corruption have grown, so has the impetus for international action to combat it. In addition to efforts in the OECD, the Organization of American States, the World Trade Organization, and the United Nations General Assembly, the World Bank and the International Monetary Fund have both begun to emphasize corruption as an impediment to economic development. This book includes a chapter by the Chairman of the OECD Working Group on Bribery discussing the evolution of the OECD convention and what is needed to make it effective. Other chapters address the causes and consequences of corruption, including the impact on investment and growth and the role of multinational corporations in discouraging bribery. The final chapter summarizes and also discusses some of the other anticorruption initiatives that either have been or should be adopted by governments, multilateral development banks, and other international organizations.

Angola

Angola PDF Author: World Bank
Publisher: World Bank Publications
ISBN: 0821371037
Category : Technology & Engineering
Languages : en
Pages : 216

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Book Description
Once one of the world's largest staple food producers, Angola is now known as a major oil exporter - the second largest producer in sub-Saharan Africa. Angola is also the world's fourth largest producer of rough diamonds in terms of value, with the potential to become one of the leading global diamond producers. In addition to oil and diamonds, the country is well endowed with agricultural resources which remain mostly untapped. However, despite the country's significant natural wealth, a prolonged civil war, the rapid development of the oil sector, and the policies pursued after Independence in 1975 have left the Angolan economy in a unique situation, characterized by very uneven indicators of development. The Angolan economy is now experiencing massive oil windfall gains that are expected to last throughout the next decade. Since oil rents are to a large part concentrated in the public sector, the question of how the oil revenue should be spent and distributed across present and future generations becomes key to any economic development strategy. This study identifies six core areas where a strategic approach for the development of a broad-based growth strategy is required: (i) the incomplete transition to a market economy; (ii) macroeconomic management; (iii) governance and transparency in the management of the mineral wealth; (iv) the business environment; (v) agriculture; and (vi) public service delivery to the poor.

Anticorruption

Anticorruption PDF Author: Robert I. Rotberg
Publisher: MIT Press
ISBN: 0262538830
Category : Political Science
Languages : en
Pages : 273

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Book Description
Winning the anticorruption battle: a guide for citizens and politicians. The phenomenon of corruption has existed since antiquity; from ancient Mesopotamia to our modern-day high-level ethical morass, people have sought a leg up, a shortcut, or an end run to power and influence. In this volume in the MIT Press Essential Knowledge series, Robert Rotberg, a recognized authority on governance and international relations, offers a definitive guide to corruption and anticorruption, charting the evolution of corruption and offering recommendations on how to reduce its power and spread. The most important component of anticorruption efforts, he argues, is leadership that is committed to changing dominant political cultures. Rotberg explains that corruption is the conversion of a public good into personal gain—either by the exchange of cash for influence or by the granting of special favors even without explicit payments. He describes successful anticorruption efforts in countries ranging from Denmark and Sweden to Canada and Costa Rica, and discusses the roles of judicial systems, investigative journalism, multinational corporations, and technological advances. He shows how the United States has become more corrupt than before, and contrasts recent US and Canadian experiences. Without sufficient political will to eliminate corruption, it persists. Rotberg outlines thirteen practical steps for battling corruption, including removing holdover officials tainted by corruption and the public declaration of financial assets by elected officials and appointees.

The Many Faces of Corruption

The Many Faces of Corruption PDF Author: J. Edgardo Campos
Publisher: World Bank Publications
ISBN: 0821367269
Category : Business & Economics
Languages : en
Pages : 484

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Book Description
Corruption... How can policymakers and practitioners better comprehend the many forms and shapes that this socialpandemic takes? From the delivery of essential drugs, the reduction in teacher absenteeism, the containment of illegal logging, the construction of roads, the provision of water andelectricity, the international trade in oil and gas, the conduct of public budgeting and procurement, and the management of public revenues, corruption shows its many faces. 'The Many Faces of Corruption' attempts to bring greater clarity to the often murky manifestations of this virulent and debilitating social disease. It explores the use of prototype road maps to identify corruption vulnerabilities, suggests corresponding 'warning signals,' and proposes operationally useful remedial measures in each of several selected sectors and for a selected sampleof cross cutting public sector functions that are particularlyprone to corruption and that are critical to sector performance.Numerous technical experts have come together in this effort to develop an operationally useful approach to diagnosing and tackling corruption. 'The Many Faces of Corruption' is an invaluable reference for policymakers, practitioners, andresearchers engaged in the business of development.

The Economics of the Business Firm

The Economics of the Business Firm PDF Author: Harold Demsetz
Publisher: Cambridge University Press
ISBN: 9780521588652
Category : Business & Economics
Languages : en
Pages : 196

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Book Description
The essays in this volume discuss the theory of the business firm and its applications in economics.

Dissenting Traditions

Dissenting Traditions PDF Author: Sean Carleton
Publisher: Athabasca University Press
ISBN: 1771993111
Category : History
Languages : en
Pages : 377

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Book Description
The work of Bryan D. Palmer, one of North America’s leading historians, has influenced the fields of labour history, social history, discourse analysis, communist history, and Canadian history, as well as the theoretical frameworks surrounding them. Palmer’s work reveals a life dedicated to dissent and the difficult task of imagining alternatives by understanding the past in all of its contradictions, victories, and failures. Dissenting Traditions gathers Palmer’s contemporaries, students, and sometimes critics to examine and expand on the topics and themes that have defined Palmer’s career, from labour history to Marxism and communist politics. Paying attention to Palmer’s participation in key debates, contributors demonstrate that class analysis, labour history, building institutions, and engaging the public are vital for social change. In this moment of increasing precarity and growing class inequality, Palmer’s politically engaged scholarship offers a useful roadmap for scholars and activists alike and underlines the importance of working-class history. With contributions by Alan Campbell, Alvin Finkel, Sam Gindin, Gregory S. Kealey, John McIlroy, Kirk Niegarth, Bryan D. Palmer, Leo Panitch, Chad Pearson, Sean Purdy, and Nicholas Rogers.

Markets on the Margins

Markets on the Margins PDF Author: Kate Philip
Publisher: Boydell & Brewer
ISBN: 1847011764
Category : Business & Economics
Languages : en
Pages : 240

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Book Description
Examines more than a decade of enterprise development strategies in marginal economic contexts in South Africa's mining communities and shows how this might impact on development strategies.

Facets of Power

Facets of Power PDF Author: Saunders, Richard
Publisher: Weaver Press
ISBN: 1779222882
Category : Political Science
Languages : en
Pages : 238

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Book Description
The diamond fields of Chiadzwa, among the world's largest sources of rough diamonds have been at the centre of struggles for power in Zimbabwe since their discovery in 2006. Against the backdrop of a turbulent political economy, control of Chiadzwa's diamonds was hotly contested. By 2007 a new case of 'blood diamonds' had emerged, in which the country's security forces engaged with informal miners and black market dealers in the exploitation of rough diamonds, violently disrupting local communities and looting a key national resource. The formalisation of diamond mining in 2010 introduced new forms of large-scale theft, displacement and rights abuses. Facets of Power is the first comprehensive account of the emergence, meaning and profound impact of Chiadzwa's diamonds. Drawing on new fieldwork and published sources, the contributors present a graphic and accessibly written narrative of corruption and greed, as well as resistance by those who have suffered at the hands of the mineral's secretive and violent beneficiaries. If the lessons of resistance have been mostly disheartening ones, they also point towards more effective strategies for managing public resources, and mounting democratic challenges to elites whose power is sustained by preying on them.

Media Leaks and Corruption in Brazil

Media Leaks and Corruption in Brazil PDF Author: Mads Bjelke Damgaard
Publisher: Routledge
ISBN: 9780367666040
Category :
Languages : en
Pages : 214

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Book Description
Analyzing the political consequences of the most extensive corruption investigation in recent Latin American history, Operação Lava-Jato, Media Leaks and Corruption in Brazil answers two central questions about the contradictory effects news media has on political systems. First, how can political actors in a seemingly well-functioning democracy quickly override checks and balances, and replace a head of state with a corrupt vice-president? Second, how can very active news media, while ostensibly performing the role of the watchdog, still fail to deliver media accountability to the public? Combining a quantitative view of the media sphere with case studies of the leaks, legal actions, and alliances forming and breaking in the Brazilian Congress, Mads Bjelke Damgaard demonstrates that the media's attention to leaks and investigations of corruption paved the way for Dilma Rousseff's impeachment. By timing the disclosure of information in scandals, actors with inside information were able to drive the media agenda and let some scandals escape from the limelight. The book delivers an in-depth study of how scandals become political weapons in a time of media personalities and post-politics. This book will interest scholars of Latin American Studies, and Brazil, and the broader fields of media studies, democracy studies, and journalism studies.

The Institutional Economics of Corruption and Reform

The Institutional Economics of Corruption and Reform PDF Author: Johann Graf Lambsdorff
Publisher: Cambridge University Press
ISBN: 1139464760
Category : Business & Economics
Languages : en
Pages : 20

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Book Description
Corruption has been a feature of public institutions for centuries yet only relatively recently has it been made the subject of sustained scientific analysis. Lambsdorff shows how insights from institutional economics can be used to develop a better understanding of why corruption occurs and the best policies to combat it. He argues that rather than being deterred by penalties, corrupt actors are more influenced by other factors such as the opportunism of their criminal counterparts and the danger of acquiring an unreliable reputation. This suggests a novel strategy for fighting corruption similar to the invisible hand that governs competitive markets. This strategy - the 'invisible foot' - shows that the unreliability of corrupt counterparts induces honesty and good governance even in the absence of good intentions. Combining theoretical research with state-of-the-art empirical investigations, this book will be an invaluable resource for researchers and policy-makers concerned with anti-corruption reform.