On 28th October 2014 Istvan Janos Toth presented CRCB’s research results on the corruption risks of the investment of Paks nuclear power plant. The study was prepared for the Energiaklub Institute.
The study examines corruption risks based on economic theory and the specific characteristics of large investment projects. We provide an estimate of the corruption risks associated with the proposed investment and put forward suggestions for an anti-corruption strategy. One of the key arguments in the study is that as investment costs or contract size increase, corruption risks tend to increase (see graph below). This suggests that spending on a set of smaller investment projects rather than one giant nuclear power plant may result in lower overall corruption risks (note: causality of this relationship requires further investigation; results are only indicative).
Further details on the event in Hungarian
Presentation in Hungarian (PDF)
Suggested citation:
CRCB. (2014, October 28). Az atomerőmű-beruházások korrupciós kockázatai: mire számíthatunk Paks II. esetében? (Corruption Risk in Nuclear Power Plant Investments: What Can We Expect in the Case of Paks II?) [Presentation]. Energiaklub Climate Policy Institute, Budapest, Hungary. http://www.crcb.eu/wp-content/uploads/2014/10/paks_2014_eloadas_141028.pdf
The Study in Hungarian (PDF)