TY  - BOOK
AU  - Tanzi,Vito
AU  - Davoodi,Hamid Reza
ED  - International Monetary Fund
TI  - Roads to nowhere: how corruption in public investment hurts growth 
T2  - Economic issues
SN  - 1557757100
AV  - COM\Ga  T.V.R 2000
PY  - 2000///
CY  - Washington, D.C.
PB  - International Monetary Fund
KW  - Political corruption
KW  - Public investments
KW  - Corrupt practices
KW  - Expenditures, Public
KW  - Infrastructure (Economics)
N1  - "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
N2  - 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
UR  - http://www.imf.org/external/pubs/ft/issues/issues12/index.htm
ER  -