Curbing Corruption - Investing in Growth OECD Conference Centre, Paris, 25-26 March 2015
The 2015 OECD Integrity Forum united and engaged policy makers, businesses, civil society, academia and other concerned parties to identify new approaches to preventing, detecting and sanctioning corruption.
Debates reviewed existing anti-corruption mechanisms across the investment policy cycle and explore good practices in mitigating corruption and ensuring that investment remains pertinent and efficient for stakeholders.
Exposing the links between investment and corruption
Public and private investment are essential to long-term economic growth. Yet corruption remains a persistent obstacle preventing countries from obtaining the full benefits of public and private investment.
Corruption distorts the quality, composition and productivity of physical capital, and seriously undermines investment.
Corruption is an indirect tax levied on investors at the expense of the public good. It also increases the cost of investment contributing to unsuitable, defective, and dangerous infrastructure.
Investors are adverse to countries with insufficient safeguards against corruption.
Integrity Week is an annual event organised by the OECD and its CleanGovBiz Initiative to actively support governments and organisations in their efforts to strengthen integrity, build trust, and fight corruption.
Meetings taking place throughout the week addressed a wide range of integrity-related issues, including: