The B20 stands for “Business 20.” It is the voice of global business in the political discussions held by the Governments of the twenty, economically strongest developing and developed, countries, the “G20
Entries in Collective Action (22)
In the tireless quest for effective anti-corruption measures, Collective Action (CA) can be a promising approach. The core principle of CA is that joining forces can boost effectiveness of anti-corruption actions and, even more, level the playing field for those involved.
Metals technology industry leaders announce their participation in Anti-Corruption Collective Action Initiative
The three leading companies in the metals technology industry -- Danieli & C. Officine Meccaniche SpA, Primetals Technologies Limited, and SMS GmbH -- have announced their participation in a sector-specific Collective Action Initiative in which they exchange best practice and knowledge in anti-corruption compliance and related developments within their industry.
Local firms in emerging markets are often highly attractive to multinationals looking for new suppliers and partners. Those local firms, many of them mid-sized, see joining a global value chain as a key step for survival.
The death toll following the huge explosions and chemical fires at the storage center in Tianjin port in China last week has now exceeded 100, including dozens of fire fighters, and hundreds more seriously injured.
Yesterday's post by Jose Da Silva about progress in Colombia against graft is a welcome push back to the out of date stereotype that corruption is just how business is done there. To paraphrase a senior executive at Siemens, there are honest, decent people everywhere who want to do business the right way. You find them and then you can do bribe-free business.
Before I move on to the concluding posts in this series on Collective Action, I’d like to respond to some of the comments which you have made over the last few weeks. In this post I’d like to talk about the role of the World Bank in promoting Collective Action.