Roads to nowhere: how corruption in public investment hurts growth
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Bibliographische Detailangaben
1. Verfasser: Tanzi, Vito 1935- (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C. International Monetary Fund 1998
Schriftenreihe:Economic issues (International Monetary Fund) 12
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Online-Zugang:Volltext
Beschreibung:"Draws on material originally contained in [the authors'] IMF Working Paper 97/139 'Corruption, Public Investment, and Growth'"--Pref. - "March 1998"--T.p. verso. - Mode of access: World Wide Web. - Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002
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
Beschreibung:1 Online-Ressource (iii, 12 p.)
ISBN:9781455245550
1455245550
1557757100
9781557757104

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