Daniel Kaufmann Special Plenary Presentation, Given at the Global Forum on June 9Th, 2005

By Kaufmann, Daniel

Book Id: WPLBN0000001076
Format Type: PDF eBook
File Size: 0.1 MB
Reproduction Date: 2005

Title:	Daniel Kaufmann Special Plenary Presentation, Given at the Global Forum on June 9Th, 2005
Author:	Kaufmann, Daniel
Volume:
Language:	English
Subject:	Economics, Finance & business, World Bank.
Collections:	Economics Publications Collection
Historic Publication Date:
Publisher:	The World Bank


Citation APA MLA Chicago Kaufmann, D. (n.d.). Daniel Kaufmann Special Plenary Presentation, Given at the Global Forum on June 9Th, 2005. Retrieved from https://self.gutenberg.org/

Description
Economics

Excerpt
In his presentation, which was based on the most recent findings and analysis of corruption and governance worldwide, Daniel Kaufmann called for an ?Era of Impatience? in the next stage of the fight against corruption. He estimates that the ?Corruption Industry? worldwide may amount annually to about US $ 1 trillion in transactions. It is also a fundamental impediment to economic growth of nations, it constitutes a major ?tax? on foreign and domestic investment, it reduces the country?s competitiveness, and it is a brake to social and human development. Further, it affects global security. Further, he finds that over the past 8 years, the world on average did not improve in controlling corruption. At the same time, it is found that some countries, and groups of countries, are making significant progress, even in this short time span. This shows that countries that make the commitment and take bold measures, can progress rapidly. In the new report that was just released, a new set of worldwide governance indicators is unveiled, covering six key dimensions of governance ? such as corruption, rule of law, ?voice?, and others --, for 209 countries between 1996 until the end of 2004. It is found that good governance and control of corruption matters enormously: an improvement in controlling corruption can be expected to result in about a 300 percent increase in the country?s per capita incomes in the longer term. Unfortunately, for every country that has improved, at least another country has deteriorated, and many have stagnated in terms of corruption control. In constructively looking ahead, it is important to be frank about the lessons of success and failures, and abandon interventions that are not working, such as single-minded anti-corruption campaigns, or creating many more ethics and anticorruption departments, or just focusing on drafting yet more anti-corruption laws and ?conventions? (often not implemented). It is also important to do away with excuses for inaction, which are unsupported by the evidence, such as blaming ?culture? or ?history? or ?poverty? or ?reforms? for the inability to address corruption. Instead much more focus is needed in improving citizen?s participation and empowering them with effective ?voice?, and in promoting transparency-related reforms in public institutions. The internet-based revolution offers opportunities, and more emphasis in new areas such as capital market development (which can perform a disciplining role regarding governance issues). Further, mechanisms for collective action need to be deepened, engaging the private sector, parliaments, civil society as well as the judiciary ? which often needs to be reformed, not merely being provided with new hardware or just more funding. More effective cross-border collaboration is also needed, including addressing the challenge of bribery by some multinationals. International organizations and the donor community also have particular challenges and responsibilities in this context. And the priority to be given to anti-corruption by the G-8 and the G-20 needs to be elevated further.





Economics, Finance & business, World Bank. Daniel Kaufmann Special Plenary Presenta... (by Kaufmann, Daniel) Re: Can-Spam Act Rulemaking, Project No.... (by Pfotenhauer, Kurt) Tus Acciones Siempre Dejan Huella (by Roldos, Leon) Re: Can-Spam Act Rulemaking, Project No.... (by Schwader, Judith) El Poder Del Acceso a la Informacion Pub... (by The World Bank) United States of America before Federal ... (by Timony, James P.) Re: Can - Spam Act Rulemaking, Project N... (by Goodwin, Dorothy) Caring for Your Clothes Ftc Facts for Consumers Can-Spam Act Rulemaking, Project No. R41... (by Federal Trade Commission) Re: Limits on Disclosing Account Numbers (by Mattingly, J. Virgil) Made in the U.S.A. (by Miller, Bernard W.)