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Governance & Anti-Corruption: Crisis, Stimulus and Integrity

June 2010

This report follows the SIIA Governance and Anti‐Corruption “Crisis, Stimulus and Integrity” Roundtable and Conference in Singapore 2009, organized against the background of the global financial crisis. Many Asian governments have distributed multi‐billion dollareconomic stimulus packages, hoping that expanded public spending will revive flailing economies. With somuch public money being earmarked to stimulate national economies, the spectre of corruption looms heavily overhead. The best climate for the economic recovery process would be one which these stimulus packages are managed with an emphasis on good governance, regulation and integrity by both the public and private sector corporations, with civil society.

This Special Report captures the main issues confronting the distribution of stimulus monies, focusing on the roles that the public, private and civil society sectors can play in improving systems of integrity, especially in the Asian region. The closed‐door roundtable session included more than 30 regional experts and policymakers. This was followed by a conference attended by more than 250 corporate representatives, 17 of whom also signed the first Anti‐Corruption and Compliance Declaration for Private Sector, Civil Society and Public Institutions at the conference.

This report concludes with a number of policy recommendations, including strengthening and reforming law and enforcement methods, improving accountability and transparency mechanisms, developing public education and access to information on corruption, developing and engaging strong civil and private sectors, as well as strengthening cross‐border efforts in fighting corruption.










 

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