Worldwide, the construction sector is regularly rated as the most corrupt industry. Even so, the scale and effects of this corruption are frequently underestimated. The 2005 edition of Transparency International’s Global Corruption Report shows that corruption in the construction industry has the power to shape and devastate economies. It has the power to ruin livelihoods and, under certain circumstances, to take lives.
This book outlines the particular characteristics of the construction industry that enable the corrupt to plunder the vast amounts of international funds that pour into large-scale infrastructure projects. Whether through international bribes paid to secure contracts for the Lesotho Dam, or the politicians implicated in the purchase of a waste incinerator in Cologne, the report reveals how corruption steers money away from essential services and development projects. In a special section dedicated to post-conflict reconstruction, the report shows how, from Angola to Iraq, the corrupt prey on the most vulnerable.
The Global Corruption Report 2005 also shows that no matter how entrenched corruption seems, it can be beaten. Along with presenting measures specifically tailored to curbing bribery in construction, the report uncovers major trends in anti-corruption legislation and reforms in more than 40 countries. The book also offers the latest corruption research, including studies on the links between corruption and, in turn, issues such as pollution, gender and foreign investment.
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Transparency International is an politically non-partisan NGO building dedicated solely to curbing corruption, increasing government accountability and improving transparency in business transactions. It has authored several reports on global corruption including, Global Corruption Report 2006 (Pluto, 2005).
Corruption not only plunders economies; it also shapes them. Bribery in the construction sector steers money away from schools and hospitals and into the building of giant power stations that stand idle and dams that devastate the environment. The 2005 edition of Transparency International s Global Corruption Report shows how the corrupt exploit the vast sums that are poured into the building sector, and what can be done to stop them. In the report, experts expose the mechanisms of corruption in the construction sector and recommend comprehensive measures to control that corruption. The books offers detailed case studies of large-scale infrastructure projects to provide evidence for the worldwide perception that the construction industry is the most corrupt business sector. The contributors evaluate the costs of corruption to indicate the price we pay in damage to economies, the environment and lives. There is a special feature on post-conflict reconstruction which asks whether the rebuilding of Iraq is an opportunity for the greatest corruption scam in history. And reports from 40 countries assess major corruption trends. The latest corruption research looks at the links between graft and other global issues such as pollution, gender and foreign investment.
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