{"id":197,"date":"2017-09-18T21:03:14","date_gmt":"2017-09-18T21:03:14","guid":{"rendered":"http:\/\/ielrblog.com\/?p=197"},"modified":"2017-09-18T21:03:14","modified_gmt":"2017-09-18T21:03:14","slug":"imf-managing-director-christine-lagarde-announces-new-initiatives-to-combat-corruption","status":"publish","type":"post","link":"https:\/\/ielrblog.com\/index.php\/2017\/09\/18\/imf-managing-director-christine-lagarde-announces-new-initiatives-to-combat-corruption\/","title":{"rendered":"IMF Managing Director Christine Lagarde Announces New Initiatives to Combat Corruption"},"content":{"rendered":"<p>At the Brookings Institution this morning, International Monetary Fund (IMF) Managing Director Christine Lagarde delivered the <a href=\"http:\/\/www.imf.org\/en\/News\/Articles\/2017\/09\/18\/sp091817-addressing-corruption-with-clarity\">opening remarks<\/a> for a seminar on global transparency and anti-corruption initiatives.<\/p>\n<p>Lagarde began her speech by outlining the IMF\u2019s and other international organizations\u2019 definition of public corruption as the \u201cabuse of public office for private gain.\u201d She noted, however, that corruption is a complex phenomenon involving several dimensions and multiple actors, such as \u201ctransnational <em>private <\/em>actors who influence public officials.\u201d<\/p>\n<p>Lagarde said that tackling corruption requires a two-pronged approach that involves increasing transparency and accountability as well as enacting regulatory reform and bolsteri ng legal institutions.<\/p>\n<p>Lagarde explained that the catalyst for the IMF\u2019s new anti-corruption initiatives is \u201ca growing consensus among our members that corruption is a macro-critical issue in many countries.\u201d<\/p>\n<p>Last month, the IMF released a <a href=\"https:\/\/www.imf.org\/en\/Publications\/Policy-Papers\/Issues\/2017\/08\/01\/pp080217-the-role-of-the-fund-in-governance-issues-review-of-the-guidance-note\">policy paper<\/a> evaluating its progress in responding to governance issues as well as outlining its future role in anti-corruption and good governance efforts. The review noted the IMF \u201chas undertaken numerous initiatives on governance and corruption across its operations and made significant contributions to the body of research on corruption.\u201d The review also identified several areas of improvement, which included improving methodology for measuring corruption and its economic impact, providing \u201cmore concrete and granular policy advice\u201d to governments, and \u201censuring evenhanded treatment of corruption issues across countries.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>At the Brookings Institution this morning, International Monetary Fund (IMF) Managing Director Christine Lagarde delivered the opening remarks for a seminar on global transparency and anti-corruption initiatives. Lagarde began her speech by outlining the IMF\u2019s and other international organizations\u2019 definition of public corruption as the \u201cabuse of public office for private gain.\u201d She noted, however, [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":{"0":"post-197","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-uncategorized","7":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IMF Managing Director Christine Lagarde Announces New Initiatives to Combat Corruption | IELR Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ielrblog.com\/index.php\/2017\/09\/18\/imf-managing-director-christine-lagarde-announces-new-initiatives-to-combat-corruption\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF Managing Director Christine Lagarde Announces New Initiatives to Combat Corruption | IELR Blog\" \/>\n<meta property=\"og:description\" content=\"At the Brookings Institution this morning, International Monetary Fund (IMF) Managing Director Christine Lagarde delivered the opening remarks for a seminar on global transparency and anti-corruption initiatives. 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