This briefing paper from the World Economic Forum Meta-Council on the Illicit Economy is a call to action for private and public sectors to pay attention to the growing impact of illicit economy.

The Meta-Council sheds light into some areas of the illicit economy – human trafficking, counterfeit goods, illegal mining and metals and illicit financial flows – and highlights key recommendations and solutions to be taken to combat the impact of these illicit activities.

This report is a first-time overarching assessment of availability and suitability of International Financial Institute (IFI) Risk Mitigation instruments and has been compiled through a detailed questionnaire based feedback from more than 40 infrastructure investors with total assets under management exceeding USD 2 trillion, project developers and construction companies, global banking institutions, insurance and reinsurance companies, multilateral development banks and professional services firms.

The World Economic Forum, in collaboration with the OECD, the United Nations Office on Drugs & Crime (UNODC), Transparency International and the United Nations Global Compact, organized an Anti-Corruption Workshop on India in New Delhi on 12 April 2013.

Representatives of the signatory companies to the PACI Principles on Countering Bribery make up the PACI Task Force, which convened in New Delhi on 10-11 April 2013 to review the Task Force’s activities, share best practices and steer future initiatives of the group. Over two days, PACI Task Force members discussed a range of issues related to the theme of the meeting: risk assessment.

The World Economic Forum Partnering Against Corruption Initiative (PACI) and the Office of the President of Mongolia held a joint roundtable in Ulan Bator on 3 March 2011 as part of the Mongolia Economic Forum.

This report from the World Economic Forum focuses on the second phase of the Partnering Against Corruption Initiative (PACI) project to address the needs of the infrastructure and urban development industries.

The report provides a solutions-based framework, a deep-dive at the state level in India and a diagnostic tool that can be replicated and enhanced. In addition, the report includes proposals and policy recommendations on processes and strategies to enhance transparency in the project pilot state of Maharashtra, India.

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Bribery and corruption exist across all industries, but the engineering, construction and real estate sectors are particularly at risk, given the size, complexity and strategic importance of infrastructure-related initiatives in both advanced and emerging economies.

This collection of short cases on corruption in the infrastructure and urban development industries illustrates key operational challenges companies may face and how organizations can respond.

The report is part of the Building Foundations Against Corruption project, which aims to foster CEO and government collaboration to build a framework for open and transparent business practices.

This publication was produced by the World Economic Forum in collaboration with Deloitte.

The euphoria of India as a regional power has been dented by talk of systemic corruption, poor public services, nagging problems of unemployment, illiteracy and poverty and demographic challenges.

Establishing a strong sense of credibility in government and the development of adequate capacity for enforcement must also be addressed to ensure the success of India’s efforts.

The purpose of this document is to present the concept of Collective Action applicable in the context of enhancing integrity and combating corruption in Customs.

The document introduces the theme and outlines what Collective Action is, the context in which it may take place, the practicalities involved, the barriers to be faced and the issues to be considered when such initiatives are launched.