Corruption, Public Investment, and Growth /

Corruption, particularly political or 'grand' corruption, distorts the entire decision-making process connected with public investment projects. The degree of distortions is higher with weaker auditing institutions. The evidence presented shows that higher corruption is associated with (i)...

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Bibliographic Details
Main Author: Tanzi, Vito
Other Authors: Davoodi, Hamid
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1997.
Series:IMF Working Papers; Working Paper ; No. 1997/139
Online Access:Full text available on IMF