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Thursday, 28 February 2013

Russian businesswomen are better at dealing with bribes

Russian businesswomen are better at dealing with bribes:
The survey studied the burden of government regulation andcorruption in 37 Russian regions from 2008 to 2011.
According to Grigory Kisunko of the World Bank, companies withwomen at the helm are less prone to solving their ‘problems’ bygiving bribes, but have to pay with their time in return as theyare more likely to face administrative barriers.
The number of managers, who said that they had to give bribes,decreased during the period. In 2008 every fifth contact with astate institution was corrupt, while in 2011 the figure dropped toone in twelve. In the EU every 20th manager opts for bribing whenit comes to winning bids and avoiding administrativebarriers.
The size of corrupt rents, on the contrary, has increased. "Fewer companies reported paying bribes, but those who pay, paymore," Kisunko stressed.
The report says unofficial payoffs in public contracts has grownfrom 11%in 2011 to 15% now, which means bureaucrats have remainedon the take.

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