Group 11

Corruption and the function of government in economic society Ludovic Mackanga 11207064 Djahangir Hakimov 12407279

Economic society • The main difference between economic and civil society is that it is engaged in making profit, thus any organization or idividual pursuing monetary gain is the part of it.

Corruption • • • •

Definition Control of corruption Rule of law Government effectiveness

Economic effect of corruption

• • • •

Causes distortions and inefficiency Increases the cost of business Sustaines inefficient firms Lowers compliance with regulations

Strategy for Good Government and Anticorruption

Checks and Balances:

Accountability of Political Leadershi

• Disclosure of parliamentary votes Independent and effective judiciary • Transparency in party financing Decentralization with accountability • Asset Declaration, Conflict of Interest Rul

vil Society Oversight:

Freedom of information Public hearings of draft laws Monitoring by media/NGO’s

Good and Clean Government

Competition & Entry : • Competitive restructuring of monopolies • Regulatory simplification

Public Administration and Public Finance: • Meritocratic civil service • Transparent, monetized, adequate remuneration • Accountability in expenditures (Treasury, Audit, Procurement)