Jan 16, 2015 · The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. Dec 9, 2019 · Corruption isn’t just about people lining their pockets. Corruption can take many forms: bribery, embezzlement, money laundering, tax evasion and cronyism, to name a few. Dec 9, 2021 · Article 12 of the Convention against Corruption directly addresses the importance of engaging the private sector in the fight against corruption. For states, it’s important to align action plans for implementation of the SDGs with anti-corruption strategies. It has a very real impact on the lives of some of the world’s poorest people. The convention encourages state parties to partner with private entities and to help develop corporate anti-corruption safeguards, including conflict checks, disclosure obligations, and accounting and Sep 23, 2019 · However, if anti-corruption efforts are to be effective, we need to recognize the full complexity of corruption – its causes and effects – to fully address the underlying structures and dynamics. Jun 9, 2015 · The Forum’s Partnering Against Corruption Initiative, a partnership of more than 100 companies, is a strong example of private-sector involvement, and is currently one of the leading global business voices on anti-corruption and transparency. May 6, 2015 · Corruption is considered a strong constraint on growth and development. Dec 13, 2018 · The annual costs of international corruption amount to a staggering $3. Dec 5, 2022 · Corruption is at the centre of many of the world's most pressing problems. Dec 9, 2019 · Corruption isn’t just about people lining their pockets. The academic literature, however, finds different effects of corruption on economic performance. Nov 17, 2014 · The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. 6 trillion in the form of bribes and stolen money, United Nations Secretary-General António Guterres said on International Anti-Corruption Day, December 9. Dec 4, 2023 · International Anti-Corruption Day is recognized on 9 December each year, and highlights the action people can take to tackle this global crime. Oct 24, 2014 · The fraud and corruption schemes uncovered by investigators at the World Bank are linked to many other global challenges. Mar 9, 2017 · Traditional approaches to fighting corruption tend to focus on rules, compliance and enforcement. Last year, more than 60% of the complaints we received relating to projects in fragile and conflict-affected situations involved corruption and embezzlement. Current crises are likely to make corruption worse. . We need to rethink this to build societies with integrity. Jan 16, 2026 · Discover how corruption harms society, its global cost, and expert strategies to combat it—empowering individuals, protecting whistleblowers, and fostering integrity. This year's Anti-Corruption Day should highlight how anti-corruption efforts can make crisis management more effective. In this view, corruption helps to overcome cumbersome bureaucratic constraints, inefficient provision of public services, and rigid laws (Huntington 1968 Nov 17, 2014 · The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. Sep 23, 2019 · However, if anti-corruption efforts are to be effective, we need to recognize the full complexity of corruption – its causes and effects – to fully address the underlying structures and dynamics. Some research considers corruption a ‘grease the wheels’ instrument. Incorporated as a not-for-profit foundation in 1971, and headquartered in Geneva, Switzerland, the Forum is tied to no political, partisan or national interests.

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