- Title Pages
- Part One Setting the Scene
- 1 Introduction
- 2 Why the Growing Concern About Corruption?
- 3 The Politics of Anticorruption
- 4 What Is Corruption?
- Part Two Drivers of Change
- 5 Evolution of Transparency International
- 6 The United States
- 7 Bribing Foreign Officials
- 8 The UN Convention Against Corruption
- Part Three Pervasive Trouble Spots
- 9 Finance and the “Shadow Economy”
- 10 Extractive Industries
- 11 Infrastructure and Construction
- 12 Aeronautics and Defense
- 13 The Art Market
- 14 The Pharmaceutical Industry
- 15 Sports Governing Bodies
- 16 Development Assistance
- Part Four Criminal Law and other Forms of Regulation
- 17 Strengths and Limitations of Criminal Law
- 18 Beyond Criminal Law
- Part Five Private Sector Responses
- 19 Private Sector Response to Corruption
- 20 Collective Action
- Part Six Moving Forward
- 21 What Have We Achieved?
- 22 Globalization and Digital Revolution
- 23 Different Strategies for Different Countries
- (p.235) 20 Collective Action
- Confronting Corruption
- Oxford University Press
This chapter discusses the advantages of collective action. Collective action allows dealing with the wider context of corruption risks by assembling competitors and other stakeholders to come to agreement on ways to reduce corruption and the risks. Collective action has the additional advantage that it enables an entire business sector to manage expectations: in its talks with regulators and the wider public, it can indicate what it considers reasonable. The chapter poses the question: Why collective action? It defines collective action, and discusses its traditional use to illustrate aspects of the so-called “prisoner’s dilemma.” The chapter ends by posing the question: Is collective action really necessary?
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