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From procurement through hiring to leases and licenses, governments worldwide enter into trillions of dollars’ worth of contracts each year. Citizens should know what is in those contracts. Contract transparency improves competition and the quality of procurement, allows oversight by civil society, and ensures firms of a level playing field when they bid. CGD has been at the forefront of developing the evidence base on the impact of contract transparency as well as guidance for practitioners on implementing.
Pascale Hélène Dubois will discuss the global impact of World Bank investigation and prevention activities and then join a panel with Kathrin Frauscher, Deputy and Program Director, Open Contracting Partnership and Hasan Tuluy, Partnership for Transparency Board Director, former World Bank Vice President, to dive deeper into what more can be done at the World Bank and other international institutions to combat corruption.
In advance of adopting a new Policy on Public Information, the AIIB is inviting suggestions on how it could best align public disclosure with its guiding principles of “promoting transparency, enhancing accountability and protecting confidentiality.” The adoption of the new policy provides AIIB President Jin Liqun and the AIIB shareholders an opportunity to demonstrate that this newest of multilateral development banks (MDBs) is serious about its commitment to adopting international best practices. I identified a number of actions that the AIIB could take to improve its disclosure practices. Here are my top three recommendations: