"When you can measure what you are speaking about, and express it in numbers, you know something about it; but when you cannot express it in numbers, your knowledge is of a meagre and unsatisfactory kind; it may be the beginning of knowledge, but you have scarcely, in your thoughts, advanced to the stage of science, whatever the matter may be."
Lord Kelvin

Corruption risks of the nuclear power plant development in Paks

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 estimation of the amount of corruption risks in the proposed investment and we put forward suggestions for an anti-corruption strategy. One of the key arguments discussed in the study is that with the increase of the investment costs or contract size, corruption risks tend to increase (see graph below). This suggests, that spending on 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 (HUN)

Presentation (HUN)

Study (HUN)