Introduction
Governments around the globe seek to curb corruption to counter its negative effects on political stability, welfare, economic development and international trade and investment. In 1999, the Governments in Asia-Pacific resolved to cooperate in the fight against corruption by launching the Anti-Corruption Initiative for Asia-Pacific under the joint leadership of the Asian Development Bank and the Organization for Economic Co-operation and Development (ADB/OECD).
The theme for this year's ADB/OECD Anti-Corruption Initiative for Asia and the Pacific is "Development with Values: Social Fence against Corruption" which will be held in Le Méridien, Thimphu from 8 -10 November 2016. The degeneration in moral values is the main cause of corruption. As communities, societies, and nations evolve, values continuously shape future humanity at large. Corruption has become the root problems in the societies.
The theme is consistent with Bhutan’s approach to measure development and progress through Gross National Happiness (GNH). While conventional development models identify economic growth as the ultimate objective, Bhutan espouses the importance of Gross National Happiness as the real measure, based on the premise that true development of human society takes place when material and spiritual development occur side by side to complement and reinforce each other.
21st Steering Group Meeting, (SGM) 14th Regional Seminar and 2nd LEN meeting of the ADB/OECD Anti-Corruption Initiative for Asia-Pacific hosted in Bhutan
Venue and Accommodation
The 21st Steering Group Meeting and 14th Regional Seminar will be held at Le Méridien Hotel, Tshokhang – Grand Ball Room.
The 2nd LEN Meeting will be held at Club Lounge, Level 4 in the same hotel.
Bhutan (officially the Kingdom of Bhutan) is a constitutional democratic monarchy situated in South Asia. It is bordered by China to the north and India to the south, east and west. Thimphu is the capital of Bhutan and is also its largest city.
Its landscape ranges from lush subtropical plains in the south to the sub-alpine Himalayan Mountains in the north, where there are peaks in excess of 7,000 meters (23,000 ft). The highest mountain in Bhutan is the Gangkhar Puensum. The economy of Bhutan is mainly driven by agriculture, hydropower and tourism.
Facts and Figures
Land area: 38,394 square kilometres
Population: 757,042 (National Statistical Bureau)