Government and public integrity · Technical definition

Opportunity cost of corruption.

Definition

Private productive investment that does not take place in jurisdictions perceived as corrupt. The magnitude varies by country and method; sourced estimates are compiled in the report on corruption and economic cost.

Nature

Operational definition

Cite or embed this term

Embed the definition on your site (it stays linked to the source and updates automatically), or use the glossary's open data.

Open data (JSON) →
More terms on Government and public integrity

Institutional integrity

Ability of a public or private organisation to maintain consistency between what is stated, what is…

Operational accountability

Practice of explaining decisions, those responsible, criteria and results through documented evidence…

Compliance standard

Explicit, documented criterion against which an organisation's performance is measured. If it changes or…

Fiscal transparency

Structured, traceable publication of budget execution data. Its quality depends on…

Overpricing in public procurement

Unjustified difference between the price paid in public procurement and a comparable reference…
Next

Apply this definition.

Define the term, see how I use it in the archive and, if you still have a question, write to me.

Define Full glossary Return to the index of technical concepts. Explore further Technical reports See the concept applied with sources. Discuss Write to me Send me a question or a specific case.
WhatsApp G-CERTI