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Title: Roads to Nowhere: How corruption in public investment hurts growth

Language: English

Type: Document

Nature: Institution

Published: January 1, 1998

Region: Global

Country: Global / Non-Specific

Keywords: PPP Tools *, PPP Online Reference Guide **, PPP Basics ***, PPP Reference Guide

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Document Summary:

Drawing on cross-country analysis, argues that corruption reduces growth, by increasing public investment while reducing its productivity—increasing investment expenditure, but with lower expenditure on operations and maintenance.

Document Details:

Tanzi, Vito, and Hamid Davoodi. 1998. “Roads to Nowhere: How corruption in public investment hurts growth.” Economic Issues 12. Washington, DC: International Monetary Fund. [#2209]

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