Corruption is a multi-faceted problem, damaging societies and economies by reducing investment, reducing the quality of goods and services, increasing inequality, and preventing sustainable and fair development. But it also has damaging effects on business as it imposes added transaction costs, increases risk, makes business transactions less reliable and undermines fair competition and productivity.

There was not quite a revolution in Basel on 14–15 November 2018, but there was plenty of lively discussion during the panel sessions and on the margins of the Basel Institute's 3rd International Collective Action Conference. 

The OECD Secretary-General convened a High-Level Advisory Group on Anti-Corruption and Integrity on the occasion of the OECD Integrity Forum in March 2015. The Group, which is composed of independent experts from a variety of professional backgrounds in the anti-corruption field, was tasked with helping the OECD identify ways to strengthen its work on combating corruption and fostering integrity in the public and private spheres through a consultative role to the Secretary-General.

Trade and competition are powerful drivers of growth, increased living standards and job creation. The G20’s growth strategies include reforms to facilitate trade by lowering costs, streamlining customs procedures, reducing unnecessary regulatory burdens and strengthening trade-enabling services.

Customs have significant responsibilities for regulating cross-border trade, including collecting taxes, deterring illicit trade, controlling goods subject to prohibitions or restrictions, and contributing to economic competitiveness by facilitating trade.

These Public Expenditure and Accountability (PEFA) evaluation reports are the results of a joint project carried out by evaluators, authorities and regional government officials to systematically measure the quality of public finance management in different regions of Peru.

The quality control process followed for the preparation of this report complies with all the requirements of the Secretariat for the Public Expenditure and Accountability Program (PEFA) in Peru. 

Public Finance Management in Peru

Public finance management is essential to Peru, according to "Public Finance Management in Peru: Evaluation report on PEFA evaluations carried out in 10 subnational governments".

This publication was developed in the context of the Subnational Public Finance Management Strengthening Programme in Peru, funded by the State Secretariat for Economic Affairs of Switzerland (SECO) and implemented by the Basel Institute on Governance through its Peru office.

Following several corruption scandals that occurred in 2013 and 2014 in the procurement and construction processes of EXPO2015 Milano, the President of ANAC (Autoritá Nationale Anticorruzione – National Anti-corruption Authority of Italy) was committed functions of supervision and guarantee of the fairness and transparency of the procurement procedures related to the implementation of the event in June 2014. As part of this assignment in July 2014 ANAC established a special operational unit (UOS) to monitor the projects of the EXPO 2015.

As integrity risks exist throughout the public procurement process, a holistic approach for risk mitigation and corruption prevention is needed. Focusing integrity measures solely on one step in the process may increase risks in other stages. Similarly, addressing only one type of risks may give leeway to integrity violations through other mechanisms. For example, administrative compliance measures in the bidding phase do not root out the risk for political interference in the identification of needs.

Anchored in the G20/OECD Principles of Corporate Governance, this report is about using better corporate governance to fight corporate misconduct. The report takes stock of corporate practices tying business integrity considerations into corporate governance frameworks, strategy and operations. It also assesses what factors influence business decisions to implement business integrity measures in practice. 

This report focuses on:

This report showcases, through various examples from across Africa, how Collective Action has been undertaken on the continent and the challenges and opportunities to further advance the fight against corruption collectively.