Roads to Nowhere : How Corruption in Public investment Hurts Growth.
In some countries, corrupt politicians appear to choose investment projects based on the opportunity for bribes and kickbacks these projectspresent. This paper contends that such corruption increases the numberof capital projects undertaken and trends to enlarge their size andcomplexity. The result...
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| Format: | Journal |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
1998.
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| Series: | Economic Issues; Economic Issues ;
No. 1998/001 |
| Online Access: | Full text available on IMF |
| Summary: | In some countries, corrupt politicians appear to choose investment projects based on the opportunity for bribes and kickbacks these projectspresent. This paper contends that such corruption increases the numberof capital projects undertaken and trends to enlarge their size andcomplexity. The result is that, paradoxically, some public investmentcan end up reducing a country's growth. |
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| Item Description: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Physical Description: | 1 online resource (15 pages) |
| Format: | Mode of access: Internet |
| ISSN: | 1020-5098 |
| Access: | Electronic access restricted to authorized BRAC University faculty, staff and students |