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Roads to nowhere : how corruption in public investment hurts growth / Vito Tanzi, Hamid Davoodi

By: Contributor(s): Material type: TextTextSeries: Economic issues (International Monetary Fund) ; 12Publication details: Washington, D.C. : International Monetary Fund, 2000.Description: iii, 12 p. ; 23 cmISBN:
  • 1557757100
  • 9781557757104
Other title:
  • How corruption in public investment hurts growth
Subject(s): Additional physical formats: Online version:: Roads to nowhere.LOC classification:
  • COM\Ga  T.V.R 2000
Online resources: Subject: 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
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Item type Current library Call number Status Barcode
Books Books CRCICA Library Library COM\Ga T.V.R 2000 (Browse shelf(Opens below)) Available 4829

"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

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

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