Distance Learning Course: “Not to Corruption in International Business.” Syllabus
Modules of the Course “Not to Corruption in International Business”
Intended to: all those related to the international trade and business, as well as public and private institutions, who wish to eradicate corruption in international business.
“Corruption cannot be tackled only with legal instruments; it needs to be complemented with strong ethical principles.” Pedro Nonell (Director of EENI)
Why fight against corruption?
Sample of the course “Not to corruption”
Professors and Coach:
EENI adhesion to the Global Compact of the United Nations.
Course summary - Corruption and International Business:
Corruption is one of the worst scourges of our society, affecting both public and private sector, its effects are devastating: can overthrow countries, distort the market, financing wars, limit the aid development, erode democracy and human rights, limiting investments, or encourage organised crime.
Organisations that fight against corruption (the United Nations - Global Compact, Transparency International, the World Economic Forum, or the International Chamber of Commerce) estimates that, globally, corruption could account for 5% of global GDP (2.6 trillion dollars).
“Corruption undermines democracy and the rule of law. It leads to violations of human rights. It erodes public trust in Government. Corruption can even kill.” Ban Ki-Moon, UN Secretary-General.
The World Bank (WB) estimates that the annual global cost of corruption, that is, what it costs us to all the citizens of the World; it is between $ 1 trillion and $ 1.6 trillion.
According to estimates by the World Bank (WB), countries that effectively fight against corruption can reach quadrupling its national income, business would grow up to 3% faster, and infant mortality would drop by 75%.
Corruption adds up to 10% to the total cost of doing business globally.
Every year the European Union loses 1% of its GDP (120,000 million Euros) for the effects of corruption.
Corruption is implicit with the Civilisation, but in this phase of globalisation and digitalisation of the economy, instead of being able to find ways and mechanisms that can override it, corruption has not stopped growing. There are many initiatives to fight against corruption: the United Nations (UN), the OECD, the European Union (EU), or the African Union. All these institutions are developing ethical codes that seek to alleviate corruption. However, the reality is that despite these mechanisms, most of them volunteers, corruption has not been able to be eliminated.
In Africa, Strive Masiyiwa is one of the persons who are leading the fight against corruption.
Developing such codes is necessary but not sufficient:
Ethics and the legal instruments will be undoubtedly the foundations that will allow us to eradicate corruption.
“Corruption is not inevitable. It flows from greed and the triumph of the undemocratic minority over the expectations of the majority” Ban Ki-moon Secretary-General of the United Nations.