June 4, 2014
Brown Bag presentation given at the World Bank, Washington D.C., 4th of June 2014
ABSTRACT
As part of CRCB’s one-week visit to the World Bank (Operations Risk, Public Sector Governance and Integrity, and Controllers), Mihály Fazekas and István János Tóth gave a brown-bag lunch presentation. It introduced the CRCB approach to measuring corruption and collusion risks in public procurement worldwide. After demonstrating the feasibility and validity of new ‘objective’ indicators using Central and Eastern European data, the presenters discussed the applicability of this approach to World Bank-financed projects worldwide.
Benefiting from a lively discussion among practitioners and researchers, the authors are convinced that there is sufficient data to implement a risk-based measurement approach at the World Bank, potentially lowering procurement costs across World Bank operations.
Further details on the CRCB visit to the World Bank