Tag: procurement

This blog is the latest in an Anti-Corruption & Governance Center (ACGC) series taking a look at corruption and COVID-19. So far, the brunt of the coronavirus pandemic has not fully shifted from the more developed world to the world’s poorest and least prepared countries. When it does, international organizations like the International Monetary Fund… Read More

Photo Credit: G20 Argentina  By John Zemko, Regional Director of CIPE’s Latin America and Caribbean Department World leaders gathered recently in Buenos Aires, Argentina for G20 meetings intended to center around a theme of “Building Consensus for Fair and Sustainable Development.” The host country President Mauricio Macri has put fighting corruption at the core of… Read More

Photo Credit: Open Contracting Partnership and the Natural Resource Governance Institute By Peter Glover, an Assistant Program Officer with CIPE’s Anti-Corruption and Governance Center The Open Contracting Partnership and the Natural Resource Governance Institute jointly released a report called “Open Contracting for Oil, Gas, and Mineral Rights: Shining a Light on Good Practice.” The report… Read More

Did you know that public procurement — goods and services bought by governments — accounts for around one-fifth of global GDP? Or that in most high-income economies public procurement takes up a third of total public spending, and in developing countries even more – about half? These figures represent a significant share of national wealth…. Read More

Corruption costs a lot of money for citizens around the globe. The World Economic Forum and the World Bank estimates that corruption reduces global GDP by 5% ($2.6 trillion) per year with over $1 trillion paid in bribes. For businesses, corruption makes up 10% of the total cost of doing business and up to 25% of… Read More