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[Global Corruption Report 2005] Introduction
Eigen, Peter
Eigen, Peter
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Abstract
"However ingrained corruption seems, it can be beaten. Transparency International (TI) has pioneered the no-bribes Integrity Pact, which includes sanctions such as blacklisting if a bidder for a public contract breaches the no-bribes agreement (page 59). Now used in more than 20 countries around the world, in 2003–04 TI’s campaigning bore fruit on a global level. The Integrity Pact is increasingly being used by multilateral development banks, a major breakthrough that will bring tremendous benefits to ordinary people in the developing world. In September 2004 the World Bank announced a decision to require companies bidding on large Bank-financed projects to certify that they ‘have taken steps to ensure that no person acting for [them] or on [their] behalf will engage in bribery’. This breakthrough is evidence of the increasing impact of the anti-corruption movement in shaping the global agenda. Another initiative of TI (together with Social Accountability International and a group of international companies), the Business Principles for Countering Bribery, offers companies practical guidance on how to prevent corruption throughout their operations. In January 2004 at the World Economic Forum in Davos, 19 leading international companies took a major step towards building a corruption-free construction sector when they signed up to Business Principles customised for the engineering and construction industries (see page 49)."
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Preprint
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2005
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0745323979
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With permission of the license/copyright holder