Fair business update / MNCs extraterritorial law / 'Zero Tolerance' criticisms

-

UNDP Fair Biz in ASEAN Quarterly Newsletter.  Check out UNDP ‘Promoting a Fair Business Environment in ASEAN’ project’s the latest updates for the period of May to July 2019, with highlights in areas of multi-stakeholder engagement, business integrity, and anti-corruption measures.

United Nations Development Programme: https://mailchi.mp/226680fb64f1/fairbizinasean-302327?e=5997629835

 

We Need An Extraterritorial Law To Hold Companies Responsible For Clean Global Supply Chains (Blog).  “…thanks to pervasive corruption in much of the developing world, cutthroat competition for [Multi-National Companies] customers will inevitably lead to more disasters like Rana Plaza [in Bangladesh], unless MNCs make it clear that they won’t buy from suppliers who violate local health or safety laws.”

Disha Verma/The Global Anticorruption Blog:  https://globalanticorruptionblog.com/2019/08/05/we-need-an-extraterritorial-law-to-hold-companies-responsible-for-clean-global-supply-chains/

 

Even “Tough on Corruption” Proponents Should Worry about “Zero Tolerance” Rules (Blog).  “The question then becomes whether it is better to maintain a formal “zero tolerance” position, while recognizing that in practice deviations are inevitable, or whether it would be better to formally and frankly acknowledge that harsh mandatory sanctions are not always appropriate, and to build in exceptions and some degree of balancing into the official legal framework.”

Guy Rubinstein/The Global Anticorruption Blog:  https://globalanticorruptionblog.com/2019/08/02/even-tough-on-corruption-proponents-should-worry-about-zero-tolerance-rules/ 

Popular posts from this blog

The Pacific - Nepal - Eastern Europe & Central Asia

-
[Blog] How are perceptions of corruption in seven small Pacific countries? Larger Pacific Island neighbors are often garnering the lion's share of attention both from researchers and policy makers. How are the experiences of corruption in countries like Tuvalu, Tokelau, Niue, the Republic of the Marshall Islands (RMI), The Cook Islands, Palau, and Nauru? DevPolicy Blog: https://devpolicy.org/perceptions-of-corruption-in-seven-small-pacific-island-countries-20230223/   [Opinion] Two decades of new anti-corruption law in Nepal: Why it missed its mark. According to a Nepalese journalist, the Anti-Corruption law and Prevention of Corruption act of 2002 laid the foundation for numerous investigations, scandals, and court cases. To a large extent, they did however fail to enable significant conviction and return of assets. Online Khabar: https://english.onlinekhabar.com/anti-corruption-law-missing-target.html   [Blog] Growing security risks and authoritarian
Read more

Middle East & North Africa - Ukraine - Sri Lanka

-
Corruption fuels ongoing conflict. The Middle East and North Africa has been in a decline on the Corruption Perceptions Index (CPI) for years. The region is also ranked as the "least peaceful region" according to the Global Peace Index. Transparency International (TI) argues that corruption, conflict, and security are profoundly intertwined. TI: https://www.transparency.org/en/news/cpi-2022-middle-east-north-africa-corruption-fuels-ongoing-conflict   [Opinion] Ukraine's corruption purge is setting the stage for private investment-driven recovery. Corruption is regarded as a key threat to the Ukrainian economy, depriving public budgets and discouraging foreign direct investments (FDI). The current administration has taken strong anti-corruption action, and the country has witnessed a significant increase in FDI in recent years, says author. DevDiscourse: https://www.devdiscourse.com/article/business/2353089-ukraines-corruption-purge-setting-stage-
Read more

Global - Sub-Saharan Africa - Turkey & Syria

-
Invisible Trillions review: Global capitalism operates beyond the rule of law and threatens democracy. Raymond W. Baker's new book "Invisible Trillions" argues that "secrecy has become as important for corporations as transparent and taxable profits used to be". "Only radical improvements across the globe in financial transparency and accountability, and in regulatory capacity and integrity, can break this cycle of political decay and despair". The Conversation: https://theconversation.com/invisible-trillions-review-global-capitalism-operates-beyond-the-rule-of-law-and-threatens-democracy-199311   [Blog] The dynamics of violent extremism in sub-Saharan Africa. There is no better environment for the expansion of violent extremist groups than a vacuum in state authority. These groups begin to compete with the state and may even be initially attractive to communities weary of years of lawlessness, corruption, and chaos according to autho
Read more