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

By:

Tanzi, Vito

Contributor(s):

Material type: Text

TextSeries: Economic issues (International Monetary Fund) ; 12.Publication details: Washington, D.C. : International Monetary Fund, 1998.Description: 1 online resource (iii, 12 pages)Content type:

text

Media type:

computer

Carrier type:

online resource

ISBN:

9781455245550
1455245550

Other title:

How corruption in public investment hurts growth

Subject(s): Genre/Form:

Electronic books.

Additional physical formats: Print version:: Roads to nowhere.DDC classification:

364.1323 22

LOC classification:

HF1351 .E33 v.12eb

Online resources:

Click here to access online

Action note:

digitized 2010 HathiTrust Digital Library committed to preserve

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	Home library	Collection	Call number	Materials specified	Status	Date due	Barcode
Electronic-Books	OPJGU Sonepat- Campus	E-Books EBSCO			Available

"Draws on material originally contained in [the authors'] IMF Working Paper 97/139 'Corruption, Public Investment, and Growth'"--Preface

"March 1998"--Title page verso

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.

Print version record.

Use copy Restrictions unspecified star MiAaHDL

Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010. MiAaHDL

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. MiAaHDL