The Costs of Corruption

Strategies for Ending a Tax on Private-sector Growth

Business & Finance, Economics, Economic Development, Nonfiction, Social & Cultural Studies, Political Science, International, International Security
Cover of the book The Costs of Corruption by Sadika Hameed, Center for Strategic & International Studies
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Author: Sadika Hameed ISBN: 9781442228269
Publisher: Center for Strategic & International Studies Publication: March 4, 2014
Imprint: Center for Strategic & International Studies Language: English
Author: Sadika Hameed
ISBN: 9781442228269
Publisher: Center for Strategic & International Studies
Publication: March 4, 2014
Imprint: Center for Strategic & International Studies
Language: English

Corruption remains a priority area for both the private sector and development implementers. However, there is no consensus on actionable steps toward addressing it on a global level. This issue is especially important in the context of international trade and development as the private sector plays an increasing role in development outcomes. Moreover, countries with the weakest governance structures tend to be those that most need economic development. This report reviews the literature surrounding corruption; identifies the opportunity costs of corruption; and posits actionable steps for the private sector to effectively address corruption worldwide, as well as ways for private-sector actors to work with governments to achieve this goal.

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Corruption remains a priority area for both the private sector and development implementers. However, there is no consensus on actionable steps toward addressing it on a global level. This issue is especially important in the context of international trade and development as the private sector plays an increasing role in development outcomes. Moreover, countries with the weakest governance structures tend to be those that most need economic development. This report reviews the literature surrounding corruption; identifies the opportunity costs of corruption; and posits actionable steps for the private sector to effectively address corruption worldwide, as well as ways for private-sector actors to work with governments to achieve this goal.

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