Global corruption thrives in tangle of regulations
Corruption is endemic throughout business and institutions across the globe. It is a burden on growth and costs the European Union 120 billion euros a year. It thrives through over-regulation, centralisation and a lack of transparency. But Georgia almost eradicated corruption overnight by making all procedures available to the public via the Internet.
<i>No country is immune from corruption in the public and the private sectors. Everybody seems to agree it is immoral and inefficient, yet weeding it out has proved to be a challenge. While some corruption is inevitable, competition and deregulation are effective caps. Exceedingly corrupt companies operating under competitive condi...
- Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
- Also considered useful for the administrative university facilities, to better understand the possibe effects of current decisions.