If Corruption Were an Industry...

If corruption were an industry, it would be the world’s third largest, worth more than $3 trillion and 5 percent of global GDP. According to the OECD, corruption is a major obstacle to sustainable economic, political and social development as it:

  • increases the cost of doing business;
  • decreases cross border investment and trade facilitation;
  • generates waste and inefficiency in the use of public resources;
  • excludes the poor from public services and perpetuates poverty; and
  • corrodes public trust, undermines the rule of law and ultimately delegitimises the state.

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Recent Activity

TINZ applauds decline in foreign trusts
Government implementation of tougher disclosure requirements for foreign trusts have led to around 75% discontinuing or exiting New Zealand. 9 Jul, 2017

Public Sector Integrity Media Release
State Services Commission took a very positive step in addressing a key recommendation of TINZ's Integrity Plus 2013 New Zealand National Integrity System Assessment by advertising a role for Deputy Commissioner, Integrity, Ethics and Standards. 11 May, 2017

Corruption Perceptions Index 2016 TINZ media release
Transparency International 25 Jan, 2017