Corruption and development

Bibliographic Data

ID19601166
AuthorsCheryl W Gray, Daniel Kaufmann (0000-0003-3260-0660), Daniel J Kaufman
Year1998
Volume0035
Issue001
Pages1-4
Publication date1998-05-31
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueFinance & development (JOURNAL)
Journal identifiersISSN: 0015-1947 • E-ISSN: 1564-5142
PublisherInternational Monetary Fund (PUBLISHER • US)
DOI10.5089/9781451953220.022.a003
OpenAlexW1782599053
ISBN9781451953220
LanguageEN
Citations received81

This public sector note analyzes the \n issue of the growing recognition and discussion of \n corruption, and in turn facilitates addressing its costs and \n causes. Through the examination of corruption causes in \n developing countries and transition economies, it is \n suggested that prevailing bribery, hence corruption, imposes \n a significant tax on foreign direct investment in all \n regions. Thus the cost of capital for firms increases \n greatly. The note focuses on the creation of a political \n will and constructive pressure, as well as assistance from \n international organizations and donors in fighting \n corruption, by supporting government reforms in economic \n policies, institutions, and the pursuit of a healthy civil society

Business · Capital (architecture) · Civil society · Constructive · Developing country · Development economics · Economic growth · Economic policy · Economic system · Economics · Foreign direct investment · Government (linguistics) · Investment (military) · Language change · Macroeconomics · Market economy · Political corruption · Political science · Politics · Public economics · Corruption and Economic Development

Tools

Open DOIOpen Access