Professor Wolfgang Rohrbach’s Speech

On December 28, 2006, Professor at the Faculty of Economics and at the School of Medicine of the University in Vienna and Salzburg, Dr Wolfgang Rohrbach, whose closer area of expertise is health and life insurance, gave a speech in a fluent Serbian to the audience of the overcrowded lecture-theater A1 of Belgrade Business School, with a topic Insurance as a Means of Fight Against Corruption.

He began his talk by a definition of corruption and its forms. Then, he explained the consequences of corruption and principles of anti-corruption, defined the features of a state and legal system supporting corruption, and finally, he pointed to the measures for corruption prevention and suppression.

“In recent decades, it has been observed how corruption has been expanding an array of its effect. Corruption pushes away the market laws and assists the economic structures that hinder a genuine and sustainable progress. Considerable detriment is done by corruption in those developing countries that cannot afford an inefficient deployment of their anyway poor financial resources”, pointed out Professor Rohrbach.