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Fighting Corruption: Business as a Partner

Ignacio Hernandez's picture

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.

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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
Georg Kell

 

Civil Society and the Private Sector: Fighting corruption is good business
Huguette Labelle

 

The Power of Joining Forces: The case for collective action in fighting corruption
Peter Brew

 

The Importance of Cynicism and Humility: Anti-corruption partnerships with the private sector
Williams S. Laufer

 

Business as a Partner in Fighting Corruption?
Roderick Hills

 

Private Sector Response to the Emerging Anti-Corruption Movement
Worth D. MacMurray

 

The Challenge of Ethical Leadership in Africa
Dele Olojede

 

Fighting Corruption the Celtel Way: Lessons from the front line
Mohamed Ibrahim

 

Dealing with Corruption in Ethiopia
Kebour Ghenna

 

Measuring Corruption: Myths and realities
Daniel Kaufmann, Aart Kraay, and Massimo Mastruzzi

Comments

Submitted by guestifer on
Why doesn't the WB follow its own advice and fight corruption within its own organization?

Submitted by BP Agrawal on

The WB does fight corruption within its own organization.

The Department of Institutional Integrity (INT) is the internal unit designated by the World Bank Group to investigate allegations of fraud and corruption in Bank Group operations and allegations of staff misconduct.

Please check the Institutional Integrity department for more information on this.

Best regards,

Submitted by kat7 on
I am fully aware that WB has corruption issues lingering around their surrounding. Don't you think they need to clear their background first before others?

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