Construction, Corruption, and Developing Countries

Construction, Corruption, and Developing Countries

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The construction industry accounts for about one-third of gross capital formation. Governments have major roles as clients, regulators, and owners of construction companies. The industry is consistently ranked as one of the most corrupt: large payments to gain or alter contracts and circumvent regulations are common. The impact of corruption goes beyond bribe payments to poor quality construction of infrastructure with low economic returns alongside low funding for maintenance-and this is where the major impact of corruption is felt. Regulation of the sector is necessary, but simplicity, transparency, enforcement, and a focus on the outcomes of poor construction are likely to have a larger impact than voluminous but poorly enforced regulation of the construction process. Where government is the client, attempts to counter corruption need to begin at the level of planning and budgeting. Output-based and community-driven approaches show some promise as tools to reduce corruption. At the same time they will need to be complimented by a range of other interventions including publication of procurement documents, independent and community oversight, physical audit, and public-private anticorruption partnerships.This will be in some significant part because firm decisions on corruption are largely driven by host-country (rather than home-country) conditions. ... This program would prohibit all forms of bribery, control and monitor facilitation and charitable payments along with gifts and hospitality to ensure ... for violating program rules, provide training and confidential channels of communication, and ensure for adequate internal auditing. ... 42 http://www.weforum.org/pdf/paci/ principles_short.pdf.


Title:Construction, Corruption, and Developing Countries
Author: Charles Kenny
Publisher: - 2007
ISBN-13:

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