More countries are making progress on corruption – but there’s much to be done, says a new report

corruptions

(Markus Spiske, Unsplash)

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum.

Author: Sean Fleming, Senior Writer, Formative Content


  • A new report from Transparency International finds improvements in the fight against corruption.
  • But most countries are stagnating, and there are worrying connections between rich and poor countries.
  • The report says unregulated flows of big money into politics is corrupting public policy.

Speaking at the World Economic Forum Annual Meeting in Davos, Transparency International Chair Delia Ferreira Rubio unveiled the main themes and findings of the organization’s new report on corruption.

The overall picture is one of stagnation in the face of corruption, found Transparency International in the latest Corruption Perceptions Index.

No country received a perfect score in the 2019 Corruption Perceptions Index.
Image: Transparency International

 

One significant contributor to the problem of corruption is the link between politics and money.

“To have any chance of curbing corruption, governments must strengthen checks and balances, limit the influence of big money in politics and ensure broad input in political decision-making,” the CPI report says.

Overcoming that challenge calls for a combination of legislation and cooperation. Political parties must be willing to disclose their sources of income, any assets they own and loans they receive. Meanwhile, governments should enforce regulations around campaign financing.

What’s the World Economic Forum doing about corruption?

It hosts the Partnering Against Corruption Initiative (PACI), the largest global CEO-led anti-corruption initiative.

Realizing that corruption hampers growth and innovation, and increases social inequality, PACI aims to shape the global anti-corruption agenda.

Founded in 2004, it brings together top CEOs, governments and international organizations who develop collective action on corruption, transparency and emerging-marking risks.

PACI uses technology to boost transparency and accountability through its platform, Tech for Integrity.

Democracy ‘demands transparency’

Addressing the audience at Davos 2020, Ferreira Rubio highlighted the connections between the clean and the not-so-clean countries.

“The money that is stolen from those countries that are perceived as corrupt ends up in the countries perceived as clean and transparent – in banks, as wealth, as luxuries,” she said, calling on the cleaner nations to take more responsibility for corruption beyond their borders.

Speaking at the same Davos session, the President of Botswana, Mokgweetsi Eric Keabetswe Masisi, warned against complacency: “The fight against corruption is a race towards a finish line that you can never reach,” he said. With a CPI score of 61, Botswana is one of the anti-corruption success stories of sub-Saharan Africa.

“Democracy is incomplete without transparency and accountability,” President Masisi continued. “We passed legislation that requires all political leaders, officers and those in the judiciary to disclose their wealth and liabilities.”

the sting Milestones

Featured Stings

Can we feed everyone without unleashing disaster? Read on

These campaigners want to give a quarter of the UK back to nature

How to build a more resilient and inclusive global system

Stopping antimicrobial resistance would cost just USD 2 per person a year

The Brits are not an exception and that’s why they voted to leave

Europe plans to send satellites into space to monitor CO2 emissions

The Amazon is burning and we’re all watching

Health spending set to outpace GDP growth to 2030

Chart of the day: This is why we need to protect nature’s pollinators

How symbiosis can help industrial clusters reach net-zero

How to tap the talents of refugees – one student at a time

Three of the world’s hardest-hit nations are preparing to end their lockdowns

Yemen talks: Truce agreed over key port city of Hudaydah

Apparently the EU Digital Single Market passes necessarily from China’s Digital Silk Road

Zero carbon by 2050 is possible. Here is what we need to do

4 ways blockchain will transform the mining and metals industry

Here’s the secret to financing a greener future

3 reasons we should all care about biodiversity

EU adopts retaliative measures in response to US steel and aluminum tariffs

G20 LIVE: G20 leaders reaffirm OECD’s role in ensuring strong, sustainable and inclusive growth

Metrics of the Sustainable Developments Goals: Can we trust our data?

This brewery is ditching plastic six-pack rings to save marine life

European Commission pledges additional €30 million in immediate support for Lebanon

Data is the fuel of mobility. Don’t spill it for nothing

Is China about to launch its own cryptocurrency?

3 ways blockchain can accelerate sustainable development

Why the Greeks forgave Tsipras’ pirouettes around austerity and voted again for SYRIZA

Here’s how we can rethink the way we eat meat

Public consultation: Commission seeks citizens’ views in preparation of new European Democracy Action Plan

What business leaders can learn from jazz

Autonomous weapons that kill must be banned, insists UN chief

Why responsible consumption is everyone’s business

Commission statement on the European Remembrance Day for Victims of Terrorism

Here’s what you need to know about Bangladesh’s rocketing economy

Governments urged to put first ever UN global migration pact in motion, post-Marrakech

Political agreement on the Aarhus Regulation: Commission welcomes increased public scrutiny of EU acts related to the environment

How tech is helping the agriculture sector curb carbon emissions

Idlib deal could save three million ‘from catastrophe’ says UN chief, as militants are urged to lay down arms

Bigotry makes politicians ‘complicit in the violence that follows’ : UN independent experts

Team Europe contributes €500 million to COVAX initiative to provide one billion COVID-19 vaccine doses for low and middle income countries

Go early, go hard and keep it simple: how Senegal is staying ahead of the COVID-19 pandemic

MEPs approve new CO2 emissions limits for trucks

Your chocolate can help save the planet. Here’s how

Global Talent – Professional Internships

Third wave of COVID-19: public policy challenges

Can you put a price on peace? This study says you can

Commission welcomes political agreement on Recovery and Resilience Facility

Impossible Brexit options: WTO or new referendum?

Ethical education as an obligatory course in medical curriculum

Asian and Pacific economies: decreases in tax revenue highlight need to broaden tax bases

Property regimes for international couples in Europe: new rules apply in 18 Member States as of today

DR Congo: Strengthened effort against Ebola is paying off, but insecurity still major constraint – UN health agency

€1 billion Team Europe initiative on manufacturing and access to vaccines, medicines and health technologies in Africa

UN study projects $32 billion loss for UK post no-deal Brexit

The EU and Armenia Comprehensive and Enhanced Partnership Agreement enters into force

It’s time to switch to a four-day working week, say these two Davos experts

From Prince to Picasso, the arts can be just the tonic, new UN health agency study shows

Who is to profit from the quasi announced ECB rate cut?

Parliament makes EU electricity market cleaner and more consumer-friendly

5 reasons to protect mangrove forests for the future

Iceland to take vacated US seat on Human Rights Council

Commission welcomes European Parliament adoption of EU4Health programme

Water scarcity is a growing problem across the Middle East. Is this how we solve it?

European Citizens’ Initiative: Commission registers ‘End the Cage Age’ initiative

More Stings?

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s