International financial institutions (IFIs) have typically imposed wide-ranging policy reforms – called ‘conditionalities’ – in exchange for country governments to secure access to financial assistance.
While IFIs may demand anti-corruption policies, other IFI policy conditionalities, such as the privatization of state-owned enterprises (SOEs), can create new rentier opportunities, undermining government will and capacity to curb corruption.
At the risk of reiterating what should be obvious, the question of private or public ownership is distinct from the issue of competition or market forces. Despite the misleading claim that privatization promotes competition, it is competition policy, not privatization, that promotes competition.
Oleksii Sobolev was a fund manager by day and a pro-democracy protester by night. After work, he would leave his office at Dragon Asset Management in Kiev to join the crowds camped out in Independence Square demanding the resignation of a president they viewed as corrupt.
There is a compact silence surrounding how the corruption scandal affects ILO’s work on developing a plan to change the UN body. http://www.ipsnews.net/2018/05/ex-president-leaves-ilo-after-corruption-scandal/
Corruption and poverty are two sides of the same coin. Ending one can help end the other. Must we aim for it? What is the solution? Change the leadership or the system of government?
Natural and man-made disasters, armed conflicts, widespread corruption and deep social inequalities have been so far a dramatic source for most news coverage when it comes to Africa, the world's second-largest and second-most-populous continent on Earth, which hosts 54 states spreading over 30 million square kilometres that are home to over 1.2 billion people.
It cannot be categorically stated that corruption has increased in the country in recent years, because there is no objective information from earlier periods to compare with, according to Manoel Galdino, executive director of Transparency Brazil.
Corruption has penetrated the Amazon rainforest like an illness that infects everything, said Ruben Siqueira, coordinator of the Pastoral Land Commission (CPT), during the VIII Panamazonic Social Forum (FOSPA), which brought together in the Peruvian Amazon jungle representatives of civil society from eight Amazon basin countries.
Bangladesh is a lower middle-income country with a promising and stable economy. The economy of Bangladesh continues to maintain its sustainable growth momentum with a healthy 7 percent-plus growth rate in FY 2015-16. The gead count poverty rate declined from 31.5 percent in 2010 to 23.2 percent in 2016 while the extreme poverty rate decreased from 23.2 percent in 2010 to 12.9 percent in 2016 (BBS, 2016). The foreign exchange reserve shows a steady increase and the exchange rate of US dollar remains stable. The country's remarkable steady growth is possible due to a number of factors including macroeconomic stability, population control and openness of the economy. Building on its social-economic progress so far, the government has taken up multifarious initiatives to elevate Bangladesh to a knowledge-based and technology-driven middle-income country by 2021.
Open data is a pretty simple concept: governments should publish information about what they do to fight corruption– data that can be freely used, modified and shared by anyone for any purpose, according to two major international anti-corruption watchdogs. This is particularly important in the fight against corruption.
Five key G20 countries are failing to meet commitments to publish data that helps tackle corruption, warns a new report by international anti-corruption watchdogs.
Preparing for earthquakes should go beyond first aid preparation. Most of the time schools, companies and government offices equip employees, workers, and students the basic knowledge of stop, drop, cover, hold, and then evacuate to open spaces, as protocols in the event of an earthquake. As an extra preparation, like in our offices at Palafox Associates and Palafox Architecture, all of our employees are equipped with emergency kits that have a whistle, flashlight, bottle of water, compass, first aid kit, and multi-function portable tools. Identified members of the company are trained to do first aid, rappelling, and coordination for emergencies. But at the end of the day, these are things that we hope will not be necessary because preparation goes beyond first-aid reactionary measures.
People in Brazil have been overwhelmed by the flood of news stories about the huge web of corruption woven by the country’s biggest construction company, Odebrecht, which is active in dozens of fields and countries.
2016 showed that around the world systemic corruption and social inequality reinforce each other, leading to popular disenchantment with political establishments and providing a fertile ground for the rise of populist politicians, warns a new report by an international anti-corruption watchdog.
Ghanaian opposition leader Nana Akufo-Addo has made history as the first son of a former president to lead the West African country, beating incumbent President John Mahama in the 2016 presidential elections held on Wednesday, Dec. 7. http://www.ipsnews.net/2016/12/new-anti-corruption-leader-takes-the-helm-in-ghana/
December 9 is observed throughout the world as International Anti-corruption Day (IACD). On this day in 2003, the United Nations (UN) called upon governments and peoples of the world to mark the adoption of the UN Convention against Corruption (UNCAC).
Wildlife trafficking is high on conservation and political agendas. It is also increasingly high on the global crime agenda. Rightly so: corruption was identified recently by the UN Office on Drugs and Crime as the main enabler of wildlife trafficking – one of the largest transnational criminal activities in the world.
`Chaste to her husband, frank to all beside / A teeming mistress, but a barren bride` - Alexander Pope
From Brazil to Malaysia, democracy around the world is under threat. Not from the march of army columns, but from the greed and corruption of a rapaclous global political elite. While nation-destroying corruption of leaders such as Ferdinand Marcos, Mobutu Sese Seko, Sani Abacha, Alberto Fujimori, or Robert Mugabe was the accepted `norm` till the 1990s for a select band of unfortunate Third World countries whose people had been made destitute by their leaders` insatiable greed, the latest wave of democracy was thought to have brought in a newer, and lesstainted, leadership.
While the United Nations marked this year’s World Water Day on March 22 focusing on the connection between water and jobs, a new report has rung loud alarm bells about the heavy impact of corruption on the massive investments being made in the water sector.
The vast rainforests of Papua New Guinea (PNG) and the Solomon Islands in the southwest Pacific Ocean are crucial for environmental sustainability, survival of indigenous peoples and the wider goal of containing climate change. But forest degradation, driven primarily by excessive commercial logging, most of which is illegal, is a perpetual threat.
“To achieve the sustainable development agenda, we must end corruption and bribery”, said UN Secretary-General Ban Ki-moon at one of the world’s largest anti-corruption conferences in St. Petersburg, Russia.