A l’occasion de la semaine de la lutte contre la corruption, les Ambassadeurs du QUINT ont fait part de leurs observations lors d’une conférence de presse qui s’est tenue à Pristina le lundi 5 décembre 2016
L’Ambassadeur de France, M. Didier Chabert, est intervenu pour sa part sur le thème de l’impact de la corruption sur les entreprises et l’économie
What effect does bribery and corruption have on business and economy ?
Overall, corruption reduces efficiency and increases inequality. Engaging in corrupt practices also creates a very unfavourable business environment by encouraging unfair advantage and anti-competitive practices. As well as allowing organized crime to flourish, corruption is one of the primary obstacles to the economic development of a country ; it undermines the rule of law, weakens trust in public institutions and challenges democratic principles.
When resources are tampered with and used improperly, the efficiency of a business suffers. Insufficient resources are available to effectively run the business and maintain its levels of operations. When the news about corrupt business professionals breaks, customers lose respect and trust. Legal fees, penalties and public relations efforts reroute important resources form the core business and lead to an inefficient use of company funds and personnel.
Investors are skeptical of doing business with companies and municipalities that are known for corruption. Whether you are seeking investment to grow your firm or you sell investments for a living, you will have a much harder time finding willing investors when bribes or in-kind favors are required. Competition is unfairly affected when investors’ risk is multiplied by changing business climates that follow corrupt business practices. Practical investors steer clear of businesses with a corrupt history.
The results of corruption in business usually ends up feeding black market interests, and may even support the efforts of organized crime as the activities infiltrate various business levels.
The European reform agenda was presented the 9th of November during the visit of commissioner Hahn. Priority actions are set up on three main pillars including fight against corruption and improvement of investment climate. This reform agenda has been adopted by EU and Kosovo and constitutes a main task for the coming year.
Although significant efforts are realized these last years difficulties remain in particular as for the payment of the insolvency, for the obtaining of building permit and for the connecting in the electricity. So, among the challenges of Kosovo the need to fight against corruption in the private sector is of utmost importance and only this commitment will reduce the informal economy and generate a better climate of investments. In this context, we should welcome the adoption by the Parliament of a law on the strategic investments. Further legislative measures concerning the fight against bribery and corruption in the private sector are still requested, by the international community, by potential investors but at very first by the people of Kosovo themselves who pay the price and support the burden of this scourge in their daily life.
In conclusion, establishing a corruption free market is essential for Kosovo’s competitiveness and a vector for economic growth.