Public-Private Partnerships to Promote Transparency
Public-private partnerships to promote transparency Institutional quality and transparency are key to the effective delivery of public services and to building a business climate that incentives investment and supports private sector development. Empirical evidence has shown that lack of transparency and integrity can affect a country’s productivity and economic growth. Opaque and cumbersome regulations that restrict access to information and open opportunities for discretionary behaviors, paired with weak government agencies responsible for accountability, are often cited as the main causes for corruption. The private sector is in a unique position to promote transparency and integrity reforms, this publication will explain measures that may be implemented in order to promote transparency in the region.