Combating Corruption: Strategies for Ending a Tax on Private-sector Growth

  • Tuesday, Jan 21, 2014
  • The CSIS Project on Prosperity and Development cordially invites you to:
    Combating Corruption: Strategies for Ending a Tax on Private-sector Growth 

    Opening Remarks:

    Roderick Hills
    Chairman and Co-Founder, Hills Program on Governance

    Panel Discussion:

    Michael Gadbaw
    Former Vice President and Senior Counsel, General Electric

    Pamela Passman
    President and CEO, Center for Responsible Enterprise and Trade

    Michael Hershman
    Co-Founder, Transparency International and President and CEO, Fairfax Group

    Rolf Alter
    Director, Public Governance and Territorial Development Directorate

    Moderated by:

    Daniel F. Runde
    Director, Project on Prosperity and Development and William A. Schreyer Chair in Global Analysis, CSIS

    Tuesday, January 21, 2014, 10:00AM to 12:00PM
    Ground Floor Conference Room 110
    1616 Rhode Island Avenue, NW, Washington, D.C. 20036

    Please RSVP to

    Follow @CSIS and @CSIS_PPD for live updates. | #CSISLive
    Join us for the launch of a new paper by CSIS' Project on Prosperity and Development entitled Combating Corruption: Strategies for Ending a Tax on Private Sector Growth.  The event will feature a panel discussion on the role of the private sector in managing corruption. It will also explore ways the private sector can work with governments to reduce the opportunity costs associated with corruption. The paper estimates that even a very narrow definition of private sector corruption in 105 developing countries is over $500 billion, 3.7 times the amount of official development assistance in 2011. However, this value is only a starting point. Estimates of the size of corruption miss the secondary effects on society, incomes, businesses, and the general macro and micro investment climate.  Recognizing that corruption is a supply and demand side problem, the paper posits that it must be addressed through collective, multi-sector action. The conference will focus on the way forward for private sector, government, and multilateral organizations on this front.

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Economic Development and Reconstruction