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

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
 
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.