Corruption : costs and mitigating strategies /
Corruption : costs and mitigating strategies /
prepared by a staff team from the Fiscal Affairs Department and the Legal Department.
- 1 online resource (47 pages).
- IMF staff discussion note ; SDN/16/05 .
- IMF staff discussion note ; SDN/16/05. .
"May 2016."
Includes bibliographical references (pages 34-43).
"Addressing corruption has become increasingly urgent. This sense of urgency arises in an environment where growth and employment prospects in many countries remain subdued and a number of high profile corruption cases have fueled moral outrage. It also arises because there is a growing consensus that corruption is macro-critical, as it can seriously undermine inclusive economic growth. The urgency is global in nature since corruption is a problem that affects both developed and developing countries. This paper focuses on corruption that arises from the abuse of public office for private gain. Although corruption is often understood as being transactional in nature (a bribe being the typical example), it can also be manifested by powerful networks between business and government that effectively result in the privatization of public policy."--Executive summary.
1513594338 9781513594330 9781484346136 1484346130
10.5089/9781513594330.006 doi
Corruption.
Political corruption--Economic aspects.
Corporate governance.
Corporate governance.
Corruption.
Political corruption--Economic aspects.
Electronic books.
JF1525.C66
364.1/323
"May 2016."
Includes bibliographical references (pages 34-43).
"Addressing corruption has become increasingly urgent. This sense of urgency arises in an environment where growth and employment prospects in many countries remain subdued and a number of high profile corruption cases have fueled moral outrage. It also arises because there is a growing consensus that corruption is macro-critical, as it can seriously undermine inclusive economic growth. The urgency is global in nature since corruption is a problem that affects both developed and developing countries. This paper focuses on corruption that arises from the abuse of public office for private gain. Although corruption is often understood as being transactional in nature (a bribe being the typical example), it can also be manifested by powerful networks between business and government that effectively result in the privatization of public policy."--Executive summary.
1513594338 9781513594330 9781484346136 1484346130
10.5089/9781513594330.006 doi
Corruption.
Political corruption--Economic aspects.
Corporate governance.
Corporate governance.
Corruption.
Political corruption--Economic aspects.
Electronic books.
JF1525.C66
364.1/323