The September issue of Development Outreach is out, focusing on corruption and the private sector.
Guest editors from the World Bank Institute Frannie Leautier, Djordjia Petkoski and Michael Jarvis wonder: 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 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.
A lot is at stake for the private sector. It is becoming increasingly obvious that the private sector has a critical role to play, alongside more traditional government and civil society actors, in fighting corruption. But why should business care? Continuing to participate in, or turning a blind eye to, corrupt activities can have significant negative consequences for the private sector in terms of competitiveness, the ease of doing business and the sustainability of development efforts.
Also in this issue, available on-line:
Anti-Corruption and Corporate Citizenship
Civil Society and the Private Sector: Fighting corruption is good business
The Power of Joining Forces: The case for collective action in fighting corruption
The Importance of Cynicism and Humility: Anti-corruption partnerships with the private sector
Williams S. Laufer
Business as a Partner in Fighting Corruption?
Private Sector Response to the Emerging Anti-Corruption Movement
Worth D. MacMurray
The Challenge of Ethical Leadership in Africa
Fighting Corruption the Celtel Way: Lessons from the front line
Dealing with Corruption in Ethiopia
Measuring Corruption: Myths and realities
Daniel Kaufmann, Aart Kraay, and Massimo Mastruzzi