1. World problems
  2. Concealed government subsidies

Concealed government subsidies

  • Bribery by government

Incidence

As an example, the UK government deliberately concealed from the European Commission, Parliament and the general public, details of a £38 million "sweetener" given secretly to British Aerospace to encourage them to purchase the Rover Group as part of the government's privatization programme. This effectively allowed Rover to be purchased at £100 million less than the market value, which was arranged by discouraging other potential purchasers.

Broader

Bribery
Presentable

Related

Business bribery
Presentable
Grant fraud
Unpresentable

Strategy

Bribing
Unpresentable
Concealing
Yet to rate

Value

Self-government
Yet to rate
Government
Yet to rate
Concealment
Yet to rate
Bribery
Yet to rate

SDG

Sustainable Development Goal #16: Peace and Justice Strong Institutions

Metadata

Database
World problems
Type
(D) Detailed problems
Biological classification
N/A
Subject
  • Commerce » Finance
  • Government » Government
  • Societal problems » Corruption
  • Content quality
    Unpresentable
     Unpresentable
    Language
    English
    1A4N
    D4532
    DOCID
    11445320
    D7NID
    150345
    Last update
    Oct 4, 2020