Tanzi, Vito <br/><br/>
Roads to nowhere :  how corruption in public investment hurts growth / 
 How corruption in public investment hurts growth 
Vito Tanzi, Hamid Davoodi 
 - Washington, D.C. :  International Monetary Fund,  2000. 
 - iii, 12 p. ;  23 cm 
 - Economic issues ;  12 .
 - Economic issues (International Monetary Fund) ;  12 .
<br/><br/> "Draws on material originally contained in [the authors'] IMF Working Paper 97/139 'Corruption, Public Investment, and Growth'"--Pref  "March 1998"--T.p. verso  Also available online from the IMF web site 
<br/><br/> This paper contends that such corruption increases the number of capital projects undertaken and tends to enlarge their size and complexity. The result is that, paradoxically, some public investment can end up reducing a country's growth because, even though the share of public investment in gross domestic product (the total of all goods and services produced in a country in a given year) may have risen, the average productivity of the investment has dropped 
<br/><br/><label>ISBN: </label>1557757100 9781557757104 
<br/><br/><label>Subjects--Topical Terms: </label><br/>Political corruption<br/>Public investments--Corrupt practices<br/>Expenditures, Public<br/>Infrastructure (Economics)
<br/><br/><label>LC Class. No.: </label>COM\Ga   / T.V.R 2000