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Financial approaches

No change in size, 18:58, 14 November 2008
Fighting Corruption
Although this is not a finance approach in its own, increased transparency can have a great impact in allowing more efficient use of more available funding.
Corruption is a widespread phenomenon and drains part of the funding that could be used for productive activities, better salaries, etc. Rising transparency requires better procedures and access to information [http://www.irc.nl/content/download/21439/253860/file/How%20to%20hold%20a%20meeting%20tool%20(Stockholm).pdf]. A study comparing productivity among 21 water utilities in Africa found that nearly two-thirds of their operating costs were due to corruption [http://www-.wds.worldbank.org/servlet/WDSContentServer/WDSP/IB/2002/10/25/000094946_
02101104032679/Rendered/PDF/multi0page.pdf].
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