Strengthening Transparency and Accountability for Improved Governance

The countries of the LAC region consistently fall below global averages on issues that affect the business climate and confidence in state institutions, which has a significant impact on their competitiveness. Corruption weakens economic and social development, as well as the credibility and legitimacy of democratic governance. This brochure describes the IDB's experience in strengthening the transparency and accountability of the countries in the Latin American and Caribbean region.