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2. 5 of the Worlds GDP between 1 and 1.6 trillion dollars
3. Global Business would grow up to 3 faster 4. Adds up to 10 to the total cost of doing business globally
5. Near 25 of the final cost of public procurement
Summary of the Course - Corruption and International Business:
The corruption is one of the worst scourges of our society, affecting both public and private sector, its effects are devastating: can overthrow countries, distort the market, financing wars,
limit the aid development, erode the democracy and human rights, limiting the investments, or encourage the organised crime.
The organisations that fight against the corruption the United Nations - Global Compact, Transparency International, the World Economic Forum, or the International Chamber of
Commerce estimates that, globally, corruption could account for 5 of the global GDP 2.6
trillion dollars.
“Corruption undermines the democracy and the rule of law. It leads to violations of the
human rights. It erodes the public trust in the Government. Corruption can even kill.” Ban Ki- Moon, UN Former Secretary-General.
The World Bank WB estimates that the annual global cost of the corruption, that is, what it costs to all the citizens of the World; it is between 1 trillion and 1.6 trillion.
According to the World Bank WB, the countries that effectively fight against the corruption
can reach quadrupling its national income, business would grow up to 3 faster, and infant mortality would drop by 75.
The corruption adds up to 10 to the total cost of doing business globally. Every year the European Union loses 1 of its GDP 120,000 million Euros for the effects of
the corruption. 1. 78 of the citizens of the European Union believe that the most serious problem in his
country is the corruption
2. According to Transparency International, 5 of the people of the European Union has paid some bribery
3. The NISPA estimated that the corruption could rise between 20 and 25 the final cost of the public procurement
4. The European Union recognises that his “Member States are not entirely prepared to fight against the corruption for themselves.”
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The corruption is implicit with the Civilisation, but in this phase of the globalisation and
digitalisation of the economy, instead of being able to find ways and mechanisms that can override it, corruption has not stopped growing.
There are many initiatives to fight against the corruption: The United Nations UN, the OECD,
the European Union EU, or the African Union. All these institutions are developing ethical codes that seek to alleviate corruption. However, the reality is that despite these mechanisms,
most of them volunteers, the corruption has not been able to be eliminated. 1. In Africa, Strive Masiyiwa is one of the persons who are leading the fight against the
corruption.
Developing such codes is necessary but not sufficient:
Ethics and the legal instruments will be undoubtedly the foundations that will allow us to eradicate corruption.
“The corruption is not inevitable. It flows from the greed and the triumph of the undemocratic minority over the expectations of the majority” Ban Ki-moon former Secretary-General of the
United Nations.
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Subjects of the Course No to Corruption in International Business.
Sub-subject: Transparency International Fight against the corruption. Syllabus:
1. Introduction to Transparency International 2. Corruption and Globalisation
3. The Corruption Perceptions Index 4. The Global Corruption Barometer
5. The Bribe Payers Index 6. The Global Corruption Report
7. Principles of transparency and corruption prevention for businesses 8. Business Principles for Countering Bribery
9. Case Study: The Corruption Risk in Europe
Sub-subject: Corporate Social Responsibility, ethics and fight against the corruption. Syllabus:
1. Introduction to the Corporate Social Responsibility CSR 2. Initiatives: The Global Report and InFocus International Labour Organisation
3. The Dow Jones Sustainability Index 4. The Corporate Social Responsibility and the European Union EU
Sub-subject: The Global Compact of the United Nations Fight against the corruption. Syllabus:
1. Introduction to the Global Compact of the United Nations 2. The ten principles of the Global Compact
3. How to join the Global Compact 4. The Universal Declaration of Human Rights
5. The ILO Declaration on Fundamental Principles and Rights at Work
6. The United Nations Convention against Corruption
