Roads to Nowhere
Auteur : International Monetary Fund
Date de publication : 1998-03-31
Éditeur : International Monetary Fund
Nombre de pages : 15
Résumé du livre
In some countries, corrupt politicians appear to choose investment projects based on the opportunity for bribes and kickbacks these projectspresent. This paper contends that such corruption increases the numberof capital projects undertaken and trends to enlarge their size andcomplexity. The result is that, paradoxically, some public investmentcan end up reducing a country's growth.