Procurement is at the heart of the work that the World Bank and other international development banks do. Countries borrow from these multilateral organisations to develop the public works and services their citizens need: such as healthcare, education, sanitation and infrastructure. Through public procurement, countries use the borrowed funds to acquire expertise, labour and supplies […]
Tag Archives | International Monetary Fund
Know your contractors: transparent ownership reduces corruption
28 April 2015 in Accountability, Anti-corruption movement, Civil society, Cost of Corruption, Education, Financial Integrity, G20, Measurement and Research, People power, Politics and government, Poverty and development, Private sector
Bribery blocks the potential of emerging economies
9 July 2013 in Civil society, Cost of Corruption, Private sector
Last month the FT wrote about the countries that will be driving global economic growth in the years ahead. any company still concentrating its efforts in established economies really is living in the past.” But companies trying to prepare for a future world of opportunities offered by new markets must be ready to face new […]
Waiving immunity lets those in power be held to account
28 June 2013 in Accountability, Politics and government
In late March, a French court ordered an investigation into alleged abuses of power by IMF chief Christine Lagarde during her time as a French finance minister and her involvement in the payment of compensation to businessman Bernard Tapie. Investigators opened an inquiry into possible charges of “complicity to embezzlement of public funds” and “complicity […]
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