Russian Journal of Economics and Law (Mar 2021)

International cooperation of G20 in preventing corruption: dialectics of development

  • P. N. Kobets

DOI
https://doi.org/10.21202/1993-047X.15.2021.1.94-105
Journal volume & issue
Vol. 15, no. 1
pp. 94 – 105

Abstract

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Objective: to study the issues of international cooperation of the Group of Twenty aimed at prevention of corruption under the global financial crisis, aggravated by the COVID-19 pandemic.Methods: in the course of the research, the author used general scientific techniques and methods of cognition based on the collection and processing of empirical data. The methodological basis of the study was the methods of analysis, synthesis, and comparison. In addition, a number of English-language and Russian sources were processed with the content analysis method. Results: this paper shows the evolution, interrelationships, reference information, and overview of the past and present of the G20, as well as its relations with international organizations and other state and non-state actors. In the course of the conducted research, the author came to the conclusion that today, in order to effectively counteract corruption manifestations, numerous international organizations are increasingly using their levers and mechanisms. A special role in activating many economic processes, and, accordingly, in combating corruption in the global economy, is assigned to the Group of Twenty - the G20. The author also convincingly proves that the reasonable and transparent use of preventive resources at the global level is extremely important at present. The implementation of the highest standards of integrity within the framework of the G20 activities will reduce the level of corruption.Scientific novelty: it is expressed in the modern analysis of the Group of Twenty role in counteracting corruption at the global level. It is also of methodological importance for the study of the role of international procedures necessary to assess the effectiveness of measures and compatible efforts to combat corruption.Practical significance: the possibility to use the study results in combating corruption. For the most part, they can be used in the preparation of various management decisions and policy documents aimed at combating corruption in the Russian Federation and the world.

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