The Institute for Ethics and Economic Policy (IEEP).

Fordham is a renowned Jesuit institution with over 165-year history of emphasis on ethics.

To promote Governance with Respect Ethics Accountability and Transparency (GREAT)

Project Summary

 

 

Project Summary

Educate the Public about the Harm Caused by Corruption and Information Exchange on the Internet.

Fordham University is over 165-year-old Jesuit institution with a history of emphasis on education and ethics. With the help of outside funding The Institute for Ethics and Economic Policy (IEEP) has undertaken an exciting corruption information exchange project to educate the public about the harm caused by corruption. We advocate a judicious and responsible use of the Internet to exchange the latest information about corruption and bribery, occurring anywhere. We want to acquaint the public with successful methods and tools used to fight corruption. IEEP's web page is cited below. We have established a readily accessible, standardized and up-to-date information exchange. Although we are at an early stage, we have developed a reputation as an authoritative and unbiased public source for research and policy-making.

 

The World Wide Web offers a unique and cost-effective medium. Our education and information exchange with some data standardization has the potential to make a real difference in reducing corruption. Our approach provides the widest exposure to the unrelenting and skillful fights against the abuse of power through corruption. For example, we include information and links to sites that provide anticorruption movies, cartoons, videos, theatre, etc. Our website honors those who have made outstanding contributions in this regard.

 

Corruption is a very serious problem imposing an enormous socio-economic burden on any country. The burden is disproportionately borne by the common citizen. In developing countries, one dollar of corruption is estimated to impose a burden of $1.67, which is very substantial when compounded over time. The web site provides a download opportunity to the published research by Prof. Vinod showing the $1.67 result. Corruption's economic harm is generally under-estimated because compounding is often ignored. IEEP benefits from and cooperates with international organizations such as Transparency International, which are dedicated to reducing corruption. The difficulty of collecting corruption information is self-evident. Corruption--an insidious public enemy--always occurs in “darkness.” A bribe takes place because private interests of both parties are served, and neither has any reason to expose it. Greater access to anticorruption tools and improved public education are vital if one is to succeed in anticorruption work.

One of the important harms caused by corruption is in discouraging entrepreneurship and wealth creation.  Prof. Vinod organized a Conference for the Promotion of Entrepreneurship and Human Rights on August 1 to 3 in 2005 in New York City.  For details see http://www.fordham.edu/economics/vinod/ehr05.htm

Projects

 

Internet project:  We have created an efficient and cost-effective Internet site on the strength of the help from a worldwide pool of volunteers. However, the work is rapidly expanding and we need student employee(s) and staff to coordinate the work of young volunteers. The information is currently being obtained from web sites of newspapers and other public sources, libraries, etc. It will be useful to collect information from additional sources including law-enforcement charge sheets given to the local media. We strive to offer the greatest possible objectivity.

 

Smart billboards project: We want to erect large possibly “smart” billboards in front of Govt. offices or other public places displaying messages saying, for example, that: “Corruption hurts the weaker sections of society, it is unfair and keeps a country poor by discouraging honest entrepreneurs. Bribery imposes illegal burden. Wealth creation is slowed due to corruption, etc.”  See Our One-Liners against corruption. The billboards can be technologically ‘smart,’ in different languages, with shifting messages and attractive images.

 

In places at Ahmedabad, India, a recent earthquake hurt several people due to corruption in PWD building inspections. A billboard reminding the people that corruption hurts in lives lost will be appropriate.  In Mumbai, India there was a terrorist attack on several key targets including Bombay Stock Exchange.  The attack was indirectly helped by corruption in Customs dept. which permitted illegal import of RDX explosives. A billboard near the stock exchange will be appropriate.

 

Local media project: We have a project to use the local media in developing countries to buy advertisements in local newspapers and TV, which will explain how everyone is hurt by corruption and what can be done about it by collective action. We have certain one-liners or quotable quotes against corruption ready to be placed in local newspapers. We need to reach local language media, artists, playwrights, screenplay writers, opinion makers, celebrities and educators, especially in developing countries. We hope to devise ways of teaching citizen and children about the following: (i) Corruption hurts entrepreneurship, integrity, and individual responsibility. (ii) Adam Smith noted that wealth is created by hard work and by providing goods and services, which people will buy. Corruption hurts wealth creation. (iii) Concentration of power leads to corruption and Thomas Jefferson's idea of using “checks and balances” is valuable in fighting corruption. We need collective action to achieve Governance with Respect, Ethics, Accountability and Transparency (GREAT) in the Internet age.

 

Supporting investigative journalists project. We have a project which supports the investigative journalists in various ways including awards, provision of modern surveillance equipment, hidden cameras, etc. to be used responsibly for exposing the kind of corruption which hurts wealth creation.  We are not interested corruption related to politics.

 

Supporting anti-corruption ART project. We have a project to encourage Art contests (essays, film, video, journalistic piece, cartoon, play, performing art) in scattered local high schools, including those in rural areas of developing countries.  The winning piece must focus on the harm to wealth creation caused by corruption and new ideas for reducing it and should not focus on politics. Our One-Liners against corruption provide possible themes for the student pieces.  Local school authorities do the judging of all items and IEEP provides the prize money.

Acknowledgement

The Institute for Ethics and Economic Policy formally acknowledges sources of funding and all forms of active support. We also honor the wishes of our supporters to remain anonymous.

 

Benefits from Supporting our Projects:

 

We expect journalists from around the world, opinion makers, other media persons, empirical researchers in universities, politicians and policy makers and advisers at international agencies (World Bank, IMF, etc.) to directly benefit from our website. However, our enthusiasm for the effort arises from its indirect benefits--the very presence of such information on the Internet helps the local corruption fighters, government prosecutors, and the media in many ways. We believe that the transparency and openness of the Internet create strong disincentives for the corrupt and bring pressure to reduce corruption.

 

By honoring those who fight corruption, we encourage such work and help create role models. Public education regarding the harm caused by corruption is needed, because people in countries with high corruption rates are too cynical about all anti-corruption initiatives. We provide information about success stories from different countries and the modus operandi used by successful corruption fighters from around the world. We provide contact information.

 

The education for ethics via various projects above and our website hopes to conquer apathy and cynicism about corruption and includes specific proposals for collective action. Clearly, much more can and needs to be done for this vital task and we are open to new ideas and suggestions.

 

H. D. Vinod, Ph. D.,
Director of IEEP and Professor of Economics,
Fordham University, Bronx, New York, 10458.
E-Mail: Vinod@fordham.edu
 
 
 

Recent news. Worldwide corruption


Country Index
has links to stories and information about corruption and governance in
alphabetically listed geographical regions and countries.

Quick Links to USA, China, India, Indonesia

Resources which track corruption and provide information on good governance from around the world.

Quotes or One-Liners against corruption.



Corruption Info Exchange



IEEP Home


Fordham Economics Faculty

Fordham University


Design: Theo den Brinker


Copyright: Hrishikesh D. Vinod 2000
All rights reserved.
Comments to:
Vinod@fordham.edu


Last Updated:
7 February 2007