India integrity pacts / Australia invite / SEA corruption risks
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COMMENTARY: Countering Procurement Corruption with Integrity Pacts -- The Indian Experience. "With estimated annual public procurement expenditures of $500 billion (30% of GDP) and a 20-30% leakage rate, India has a serious problem with procurement corruption. India’s archaic legal system, opaque procurement mechanisms, powerful cartels, and conniving public officials have stymied most procurement reforms. Despite this inhospitable environment, [Integrity Pacts] have scored major successes in India."
Read the post by Nayana RenuKumar, in the Global Anticorruption Blog. http://globalanticorruptionblog.com/2016/03/04/countering-procurement-corruption-with-integrity-pacts-the-indian-experience/
INFO: Public submissions open on proposed Australia nat'l anti-corruption body. Public submissions have been invited to a Senate inquiry on the need for a national anti-corruption body – after the attorney general, George Brandis, told parliament that Australian federal politics had been “remarkably free of corruption”.
Read the story by Gabrielle Chan, in The Guardian. http://www.theguardian.com/australia-news/2016/mar/04/public-submissions-open-on-proposed-national-anti-corruption-body
INFO: Corruption risks in Southeast Asia -- Where are the greatest concerns for US investors? The 2016 ASEAN Business Outlook Survey offers insight into the hopes, fears and commercial aspirations of international companies operating in South-east Asia, one of few regions where economic growth is expected to remain relatively brisk in 2016.
Read the article by John Bray and Frank Tsai, in Forbes. http://www.forbes.com/sites/riskmap/2016/03/02/corruption-risks-in-south-east-asia-where-are-the-greatest-concerns-for-us-investors/#7c06cca733ae