In times of crisis, it is ever more important for governments to ensure that financial resources are well spent and policies are duly implemented. But monitoring is a cost in itself, and a certain margin of inefficiency in resources deployment is somehow “natural”.
Yet the cost of this mismanagement is staggering: for instance, in 2010, 7.7% of all Structural Funds money was spent in error or against EU rules9. OECD estimates place the cost of corruption equals 5% of global GDP10. Thereby it would be crucially important to be able to avoid the mismanagement with anticipatory corrective actions.