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Investing in threatened species conservation: Does corruption outweigh purchasing power?

Garnett, Stephen T., Joseph, Liana N., Watson, James E. M. and Zander, Kerstin K. (2011). Investing in threatened species conservation: Does corruption outweigh purchasing power?. PLoS ONE,6(7):e22749.

Document type: Journal Article
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IRMA ID 82057923xPUB43
Title Investing in threatened species conservation: Does corruption outweigh purchasing power?
Author Garnett, Stephen T.
Joseph, Liana N.
Watson, James E. M.
Zander, Kerstin K.
Journal Name PLoS ONE
Publication Date 2011
Volume Number 6
Issue Number 7
ISSN 19326203   (check CDU catalogue open catalogue search in new window)
Scopus ID 2-s2.0-79960826578
Start Page e22749
Total Pages 6
Place of Publication San Francisco, United States
Publisher Public Library of Science
Abstract In many sectors, freedom in capital flow has allowed optimization of investment returns through choosing sites that provide the best value for money. These returns, however, can be compromised in countries where corruption is prevalent. We assessed where the best value for money might be obtained for investment in threatened species that occur at a single site, when taking into account corruption. We found that the influence of corruption on potential investment decisions was outweighed by the likely value for money in terms of pricing parity. Nevertheless global conservation is likely to get best returns in terms of threatened species security by investing in ‘‘honest’’ countries than in corrupt ones, particularly those with a high cost of living.
Keywords freedom in capital flow
optimization of investment returns
investment in threatened species conservation
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