The fight against corruption: international organizations at a cross‐roads

Steve Berkman, Nancy Z. Boswell, Franz H. Brüner, Mark Gough, John T. McCormick, Peter Egens Pedersen, Jose Ugaz and Stephen Zimmermann

Journal of Financial Crime, 2008, vol. 15, issue 2, 124-154

Abstract: Purpose - The purpose of this paper is to offer anti‐corruption experts' personal assessments of the progress international organizations have made in fighting corruption. Design/methodology/approach - This paper contains a survey of the viewpoints of a number of anti‐corruption experts who themselves are current or former staff of international organizations, or who – from their positions within the private sector or in non‐governmental organizations – are able to offer a unique and distanced perspective on the key corruption‐related issues and challenges facing international organizations today. Findings - It is agreed that international organizations today are at a cross‐roads in their individual and collective fight against corruption. International organizations must weather the corruption scandals that have recently plagued several organizations, and must confront the question of whether their staffs, boards, and member governments indeed have the ability, will, and commitment to fight corruption. To address these challenges, international organizations must adopt proactive investigative strategies when combating corruption, seek greater cooperation with each other, and must ensure that their respective investigation units have the necessary resources and independence to effectively detect, investigate, and prevent corruption. Originality/value - The paper offers a realistic prognosis on the future of the anti‐corruption movement within and among international organizations.

Keywords: Corruption; Fraud; International organizations; International banks; Monetary policy (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:eme:jfcpps:13590790810866863

DOI: 10.1108/13590790810866863

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