Enhancing Global Commerce Through Transparency and Accountability

The Case for Transparency and Accountability
Developing countries that establish fairness, transparency and accountability initiatives and a "transparency culture" encourage international investment while assuring citizens of fair value for their resources and the protection of their environment. Global companies know that the risks of their potential investments in developing countries are much lower when fairness, transparency and accountability are well established. Firms that know that they will be treated fairly in a competitive environment and will be able to operate according to consistent, fair practices are more likely to consider investments in developing countries, especially the riskier conflict and post-conflict countries.

The Marx Group transparency model is unique in its integrated, process-based approach. For example, when applied to a natural resource tender such as oil shown in the Figure below, the model links all tender participants, the legal and regulatory tender framework, and all tender processes, controls and accountability -- and spans tender process development, implemenation and validation.

To learn more about The Marx Group transparency model contact us.