Large-scale infrastructure projects are a vital part of the World Bank's
development agenda, but the World Bank and host countries alike have
placed little emphasis on combating corruption attached to these projects.
Investigation of ongoing corruption and punishment of offenders is an
important end goal in itself, and can be an important deterrent to future
corruption. The World Bank and host countries face challenges in
properly pursuing investigation and punishment, but the results
certainly are worth the effort. This Note explores the importance of
investigating and punishing corporate corruption on World Bank-funded
large-scale infrastructure projects, and presents practical suggestions as
to how investigation and punishment processes might be made more
effective. Specifically, host countries and the World Bank should utilize a
"trigger" mechanism, by which investigations by one party automatically
trigger investigations by the other, in order to increase accountability.
Other factors - including the willingness of third party states to assist in
these efforts - also influence the outcome, but the triggering mechanism
may be an important step forward. The outcome of the Lesotho
Highlands Water Project corruption investigations provides a useful
illustration of how such a cooperative triggering mechanism might work.
"Going from Bad to Good: Combating Corporate Corruption on World Bank-Funded Infrastructure Projects,"
Yale Human Rights and Development Journal: Vol. 14
, Article 6.
Available at: http://digitalcommons.law.yale.edu/yhrdlj/vol14/iss1/6