 Enhancing Global Commerce in Developing Countries
The Marx Group LLC is an International Transparency
Consultancy that specializes in facilitation of international investment and global commerce in
developing countries. Emerging economies, especially those in conflict and post-conflict zones, and those
judged risky by Transparency International, face an uphill battle in encouraging
global investment. The perception of
wide-spread corruption, confusing laws and regulations, lack of security, and cumbersome and
arbitary business practices make international businesses and their
investors leary.
Developing countries can do much to encourage global
investment by creating resource tender and procurement initiatives that demonstrate fairness, transparency
and accountability and streamline business processes. The Marx
Group assists national governments and operating agencies to 1) develop and implement an integrated
approach to public transparency that builds upon national law, regulations and policy; 2) create local
processes and operating procedures that include transparency and accountability as an overarching framework
and streamline business operations; and 3) include independent oversight and review of processes that
affirms transparency and fairness. This comprehensive methodology provides global firms with confidence in
the fairness of acquisitions, procurements and public tenders while providing citizens of developing
countries knowledge that their precious resources are being handled wisely by their
government.
While
corruption is often pervasive in developing countries and is an impediment to international investment in
these countries the Marx Group model for transparency, when embraced by senior government officials,
significantly improves accountability and fairness and encourages global
investment.
The Marx
Group LLC also works with global investors and hydrocarbons and mining industry firms to assist in developing
local partnerships between governments and industry that improve transparency, fairness to all parties and
more efficient business operations.
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