Can China be the Next Anti-Corruption Success Story, After Hong Kong and Singapore?

Over the past 50 years, many countries have become notorious for corruption on a grand scale. Very few have succeeded in eradicating this evil. The general consensus is that there are only two that have managed to do so: Singapore and Hong Kong. Many countries now regard Hong Kong as a successful model and have tried to learn from our methods.

So, what does such a model entail and how does mainland China, which is now trying hard to combat corruption, fit in with this model?

To access the full article, please click below:

http://www.scmp.com/comment/insight-opinion/article/2065298/can-china-be-next-anti-corruption-success-story-after-hong


5 Steps To An Anti-Corruption ‘Culture Of Compliance’

The purpose of this article is to consider how a corporation can create and maintain an anti-corruption “culture of compliance.” This is an interesting question to me because prior to joining Baker & McKenzie two years ago, I worked for a corporation that had developed a strong anti-corruption compliance culture. Since leaving the in-house world, I have thought about the circumstances or key elements that give rise to such a strong compliance culture in hopes of being able to help other companies develop a similar “culture of compliance.”

To access the full blog, please click below:

http://www.lexology.com/library/detail.aspx?g=8f1e5376-4ca2-4fd8-ae4c-108e59c5e3a3


Innovative or Ineffective?: Performance-Based Lending as an Anti-corruption Tool

The Sustainable Development Goals’ (SDGs) new focus on fighting corruption and building institutions has generated quite a stir.  But the  Millennium Challenge Corporation (MCC) – a U.S. agency responsible for disbursement of assistance geared toward international development targets – has long been acting against corruption through its effort to achieve the SDG precursors, the  Millennium Development Goals (MDGs). Institution-building does not appear among the substantive aims of the eight MDGs. Rather, the MCC made anticorruption central to its work by introducing corruption indices into its process for  competitive selection of aid recipients. In brief, the MCC Board of Directors chooses aid-eligible countries by evaluating and scoring candidates countries’ “policy performance” on a number of measures. Crucially, in order to qualify for aid, countries must score above average for their income group on the Worldwide Governance Indicators (WGI) “Control of Corruption” score. The indicator is therefore known as the “hard hurdle.” The Board also assesses corruption trends in its analysis of a country’s ability to reduce poverty and generate economic growth, which, with policy performance, comprises the overall evaluation.

To access the full blog, please click below:

https://globalanticorruptionblog.com/2016/07/01/innovative-or-ineffective-performance-based-lending-as-an-anticorruption-tool/