Why should the G-8 leaders and donor countries care about corruption?
Corruption should be addressed in the aid process. Donor countries should not assume that because a country is perceived to have high levels of corruption, aid will end up in the pockets of corrupt leaders. Many of the countries that rank worse in corruption indices are also those with the greatest development needs. Many of them have demonstrated the political will to tackle corruption but are dealing with the legacies of previous corrupt regimes. These countries should not be condemned to decades of underdevelopment. Instead, corruption must be tackled in tandem with other problems of underdevelopment. The risk of corruption could be mitigated through more effective monitoring or through direct budgetary assistance, which increases local ownership of projects and reduces administration costs. Conversely, attaching conditions to aid – for example, requiring that the funds be spent on goods and services from the donor country – can increase opportunities for corruption. The G-8 is impo
Related Questions
- How were the corruption levels of the countries that you looked at in the analysis measured and is it possible to accurately measure something as complicated as corruption?
- Why are the leaders of third countries and international organisations invited to meet G8 leaders during the summit?
- Why should the G-8 leaders and donor countries care about corruption?
