Why worry about corruption
- WashingtonUS IMF 1997
- iii, 12 p.
Lists a number of possible causes and consequences of corruption. Presents recent evidence on the extent to which corruption affects investment and economic growth and on how it influences governments in choosing what to spend their money on. Finds that corruption discourges investment, limits economic growth, and alters the composition of government spending, often to the detriment of future economic growth.