Corruption and Transparency

I. The FactsJust days before a much-awaited donorCorruption Perceptions Index.Many rich world
conference, the influential International Crisis Groupcorporations and wealthy individuals make use of
(ICG) recommended to place all funds pledged tooff-shore havens or "special purpose entities" to
Macedonia under the oversight of a "corruptionlaunder money, make illicit payments, avoid or evade
advisor" appointed by the European Commission. Thetaxes, and conceal assets or liabilities. According to
donors ignored this and other recommendations. ToSwiss authorities, more than $40 billion are held by
appease the critics, the affable Attorney General ofRussians in its banking system alone. The figure may
Macedonia charged a former Minister of Defense withbe 5 to 10 times higher in the tax havens of the
abuse of duty for allegedly having channeled millionsUnited Kingdom.In a survey it conducted last month
of DM to his relatives during the recent civil war.of 82 companies in which it invests, "Friends, Ivory,
Macedonia has belatedly passed an anti-moneyand Sime" found that only a quarter had clear
laundering law recently - but failed, yet again, toanti-corruption management and accountability
adopt strict anti-corruption legislation.In Albania, thesystems in place.Tellingly only 35 countries signed the
Chairman of the Albanian Socialist Party, Fatos Nano,1997 OECD "Convention on Combating Bribery of
was accused by Albanian media of laundering $1 billionForeign Public Officials in International Business
through the Albanian government. Pavel Borodin, theTransactions" - including four non-OECD members:
former chief of Kremlin Property, decided not appealChile, Argentina, Bulgaria, and Brazil. The convention
his money laundering conviction in a Swiss court. Thehas been in force since February 1999 and is only one
Slovak daily "Sme" described in scathing detail theof many OECD anti-corruption drives, among which
newly acquired wealth and lavish lifestyles ofare SIGMA (Support for Improvement in Governance
formerly impoverished HZDS politicians. Some ofand Management in Central and Eastern European
them now reside in refurbished castles. Others havecountries), ACN (Anti-Corruption Network for
swimming pools replete with wine bars.PavloTransition Economies in Europe), and FATF (the
Lazarenko, a former Ukrainian prime minister, isFinancial Action Task Force on Money
detained in San Francisco on money launderingLaundering).Moreover, The moral authority of those
charges. His defense team accuses the US authoritieswho preach against corruption in poor countries - the
of "selective prosecution".They are quoted by Radioofficials of the IMF, the World Bank, the EU, the
Free Europe as saying:"The impetus for thisOECD - is strained by their ostentatious lifestyle,
prosecution comes from allegations made by theconspicuous consumption, and "pragmatic" morality.II.
Kuchma regime, which itself is corrupt and dedicatedWhat to Do? What is Being Done?Two years ago, I
to using undemocratic and repressive methods toproposed a taxonomy of corruption, venality, and
stifle political opposition ... (other Ukrainian officials)graft. I suggested this cumulative definition:The
including Kuchma himself and his closest associates,withholding of a service, information, or goods that,
have committed conduct similar to that with whichby law, and by right, should have been provided or
Lazarenko is charged but have not been prosecuteddivulged.The provision of a service, information, or
by the U.S. government".The UNDP estimated, ingoods that, by law, and by right, should not have
1997, that, even in rich, industrialized, countries, 15%been provided or divulged.That the withholding or the
of all firms had to pay bribes. The figure rises toprovision of said service, information, or goods are in
40% in Asia and 60% in Russia.Corruption is rife andthe power of the withholder or the provider to
all pervasive, though many allegations are nothing butwithhold or to provide AND That the withholding or
political mud-slinging. Luckily, in countries likethe provision of said service, information, or goods
Macedonia, it is confined to its rapacious elites: itsconstitute an integral and substantial part of the
politicians, managers, university professors, medicalauthority or the function of the withholder or the
doctors, judges, journalists, and top bureaucrats. Theprovider.That the service, information, or goods that
police and customs are hopelessly compromised. Yet,are provided or divulged are provided or divulged
one rarely comes across graft and venality in dailyagainst a benefit or the promise of a benefit from
life. There are no false detentions (as in Russia),the recipient and as a result of the receipt of this
spurious traffic tickets (as in Latin America), orspecific benefit or the promise to receive such
widespread stealthy payments for public goods andbenefit.That the service, information, or goods that
services (as in Africa).It is widely accepted thatare withheld are withheld because no benefit was
corruption retards growth by deterring foreignprovided or promised by the recipient.There is also
investment and encouraging brain drain. It leads towhat the World Bank calls "State Capture" defined
the misallocation of economic resources and distortsthus:"The actions of individuals, groups, or firms, both
competition. It depletes the affected country'sin the public and private sectors, to influence the
endowments - both natural and acquired. Itformation of laws, regulations, decrees, and other
demolishes the tenuous trust between citizen andgovernment policies to their own advantage as a
state. It casts civil and government institutions inresult of the illicit and non-transparent provision of
doubt, tarnishes the entire political class, and, thus,private benefits to public officials."We can classify
endangers the democratic system and the rule ofcorrupt and venal behaviours according to their
law, property rights included.This is why bothoutcomes:Income Supplement - Corrupt actions
governments and business show a growingwhose sole outcome is the supplementing of the
commitment to tackling it. According to Transparencyincome of the provider without affecting the "real
International's "Global Corruption Report 2001",world" in any manner.Acceleration or Facilitation Fees -
corruption has been successfully contained in privateCorrupt practices whose sole outcome is to
banking and the diamond trade, for instance.Henceaccelerate or facilitate decision making, the provision
also the involvement of the World Bank and the IMFof goods and services or the divulging of
in fighting corruption. Both institutions are increasinglyinformation.Decision Altering Fees - Bribes and
concerned with poverty reduction through economicpromises of bribes which alter decisions or affect
growth and development. The World Bank estimatesthem, or which affect the formation of policies, laws,
that corruption reduces the growth rate of anregulations, or decrees beneficial to the bribing entity
affected country by 0.5 to 1 percent annually. Graftor person.Information Altering Fees - Backhanders
amounts to an increase in the marginal tax rate andand bribes that subvert the flow of true and
has pernicious effects on inward investment ascomplete information within a society or an economic
well.The World Bank has appointed last year aunit (for instance, by selling professional diplomas,
Director of Institutional Integrity - a new departmentcertificates, or permits).Reallocation Fees - Benefits
that combines the Anti-Corruption and Fraudpaid (mainly to politicians and political decision makers)
Investigations Unit and the Office of Business Ethicsin order to affect the allocation of economic
and Integrity. The Bank helps countries to fightresources and material wealth or the rights thereto.
corruption by providing them with technicalConcessions, licenses, permits, assets privatized,
assistance, educational programs, andtenders awarded are all subject to reallocation
lending.Anti-corruption projects are an integral part offees.To eradicate corruption, one must tackle both
every Country Assistance Strategy (CAS). The Bankgiver and taker.History shows that all effective
also supports international efforts to reduceprograms shared these common elements:The
corruption by sponsoring conferences and thepersecution of corrupt, high-profile, public figures,
exchange of information. It collaborates closely withmultinationals, and institutions (domestic and foreign).
Transparency International, for instance.At theThis demonstrates that no one is above the law and
request of member-governments (such asthat crime does not pay.The conditioning of
Bosnia-Herzegovina and Romania) it has preparedinternational aid, credits, and investments on a
detailed country corruption surveys covering both themonitored reduction in corruption levels. The
public and the private sectors. Together with thestructural roots of corruption should be tackled rather
EBRD, it publishes a corruption survey of 3000 firmsthan merely its symptoms.The institution of
in 22 transition countries (BEEPS - Businessincentives to avoid corruption, such as a higher pay,
Environment and Enterprise Performance Survey). Itthe fostering of civic pride, "good behaviour"
has even set up a multilingual hotline forbonuses, alternative income and pension plans, and so
whistleblowers.The IMF made corruption an integralon.In many new countries (in Asia, Africa, and
part of its country evaluation process. It suspendedEastern Europe) the very concepts of "private"
arrangements with endemically corrupt recipients ofversus "public" property are fuzzy and impermissible
IMF financing. Since 1997, it has introduced policiesbehaviours are not clearly demarcated. Massive
regarding misreporting, abuse of IMF funds,investments in education of the public and of state
monitoring the use of debt relief for povertyofficials are required.Liberalization and deregulation of
reduction, data dissemination, legal and judicial reform,the economy. Abolition of red tape, licensing,
fiscal and monetary transparency, and even internalprotectionism, capital controls, monopolies,
governance (e.g., financial disclosure by staffdiscretionary, non-public, procurement. Greater access
members).Yet, no one seems to agree on a universalto information and a public debate intended to foster
definition of corruption. What amounts to venality ina "stakeholder society".Strengthening of institutions:
one culture (Sweden) is considered no more thanthe police, the customs, the courts, the government,
hospitality, or an expression of gratitude, in anotherits agencies, the tax authorities - under time limited
(France, or Italy). Corruption is discussed freely andforeign management and supervision.Awareness to
forgivingly in one place - but concealed shamefully incorruption and graft is growing - though it mostly
another. Corruption, like other crimes, is probablyresults in lip service. The Global Coalition for Africa
seriously under-reported andadopted anti-corruption guidelines in 1999. The
under-penalized.Moreover, bribing officials is often theotherwise opaque Asia Pacific Economic Cooperation
unstated policy of multinationals, foreign investors,(APEC) forum is now championing transparency and
and expatriates. Many of them believe that it isgood governance. The UN is promoting its pet
inevitable if one is to expedite matters or secure aconvention against corruption.The G-8 asked its Lyon
beneficial outcome. Rich world governments turn aGroup of senior experts on transnational crime to
blind eye, even where laws against such practices arerecommend ways to fight corruption related to large
extant and strict.In his address to the Inter-Americanmoney flows and money laundering. The USA and
Development Bank on March 14, President Bushthe Netherlands hosted global forums on corruption -
promised to "reward nations that root out corruption"as will South Korea next year. The OSCE is rumored
within the framework of the Millennium Challengeto respond with its own initiative, in collaboration with
Account initiative. The USA has pioneered globalthe US Congressional Helsinki Commission.The
anti-corruption campaigns and is a signatory to thesouth-eastern Europe Stability Pact sports its own
1996 IAS Inter-American Convention againstStability Pact Anti-corruption Initiative (SPAI). It held
Corruption, the Council of Europe's Criminal Lawits first conference in September 2001 in Croatia.
Convention on Corruption, and the OECD's 1997More than 1200 delegates participated in the 10th
anti-bribery convention. The USA has had aInternational Anti-Corruption Conference in Prague
comprehensive "Foreign Corrupt Practices Act" sincelast year. The conference was attended by the
1977.The Act applies to all American firms, to all firmsCzech prime minister, the Mexican president, and the
- including foreign ones - traded in an American stockhead of the Interpol.The most potent remedy
exchange, and to bribery on American territory byagainst corruption is sunshine - free, accessible, and
foreign and American firms alike. It outlaws theavailable information disseminated and probed by an
payment of bribes to foreign officials, political parties,active opposition, uncompromised press, and
party officials, and political candidates in foreignassertive civic organizations and NGO's. In the
countries. A similar law has now been adopted byabsence of these, the fight against official avarice
Britain.Yet, "The Economist" reports that theand criminality is doomed to failure. With them, it
American SEC has brought only three cases againststands a chance.Corruption can never be entirely
listed companies until 1997. The US Department ofeliminated - but it can be restrained and its effects
Justice brought another 30 cases. Britain hasconfined. The cooperation of good people with
persecuted successfully only one of its officials fortrustworthy institutions is indispensable. Corruption
overseas bribery since 1889. In the Netherlandscan be defeated only from the inside, though with
bribery is tax deductible. Transparency Internationalplenty of outside help. It is a process of
now publishes a name and shame Bribery Payersself-redemption and self-transformation. It is the real
Index to complement its 91-country strongtransition.