Investing in threatened species conservation: does corruption outweigh purchasing power?
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 fo...
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Public Library of Science (PLoS)
2011-01-01
|
| Series: | PLoS ONE |
| Online Access: | http://europepmc.org/articles/PMC3144939?pdf=render |
| _version_ | 1818673202178555904 |
|---|---|
| author | Stephen T Garnett Liana N Joseph James E M Watson Kerstin K Zander |
| author_facet | Stephen T Garnett Liana N Joseph James E M Watson Kerstin K Zander |
| author_sort | Stephen T Garnett |
| collection | DOAJ |
| description | 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. |
| first_indexed | 2024-12-17T07:52:02Z |
| format | Article |
| id | doaj.art-c948d168dbb4471c9c0740393884cda3 |
| institution | Directory Open Access Journal |
| issn | 1932-6203 |
| language | English |
| last_indexed | 2024-12-17T07:52:02Z |
| publishDate | 2011-01-01 |
| publisher | Public Library of Science (PLoS) |
| record_format | Article |
| series | PLoS ONE |
| spelling | doaj.art-c948d168dbb4471c9c0740393884cda32022-12-21T21:57:49ZengPublic Library of Science (PLoS)PLoS ONE1932-62032011-01-0167e2274910.1371/journal.pone.0022749Investing in threatened species conservation: does corruption outweigh purchasing power?Stephen T GarnettLiana N JosephJames E M WatsonKerstin K ZanderIn 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.http://europepmc.org/articles/PMC3144939?pdf=render |
| spellingShingle | Stephen T Garnett Liana N Joseph James E M Watson Kerstin K Zander Investing in threatened species conservation: does corruption outweigh purchasing power? PLoS ONE |
| title | Investing in threatened species conservation: does corruption outweigh purchasing power? |
| title_full | Investing in threatened species conservation: does corruption outweigh purchasing power? |
| title_fullStr | Investing in threatened species conservation: does corruption outweigh purchasing power? |
| title_full_unstemmed | Investing in threatened species conservation: does corruption outweigh purchasing power? |
| title_short | Investing in threatened species conservation: does corruption outweigh purchasing power? |
| title_sort | investing in threatened species conservation does corruption outweigh purchasing power |
| url | http://europepmc.org/articles/PMC3144939?pdf=render |
| work_keys_str_mv | AT stephentgarnett investinginthreatenedspeciesconservationdoescorruptionoutweighpurchasingpower AT liananjoseph investinginthreatenedspeciesconservationdoescorruptionoutweighpurchasingpower AT jamesemwatson investinginthreatenedspeciesconservationdoescorruptionoutweighpurchasingpower AT kerstinkzander investinginthreatenedspeciesconservationdoescorruptionoutweighpurchasingpower |