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Roads to Nowhere
			: How Corruption in Public investment Hurts Growth

Roads to Nowhere : How Corruption in Public investment Hurts Growth »

Series: Economic Issues

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 March 1998

DOI: http://dx.doi.org/10.5089/9781557757104.051

ISBN: 9781557757104

Keywords: public investment, government revenue, current expenditure, investment projects, rate of return

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 c...

Regulating Local Government Financing Vehicles and Public-Private Partnerships in China

Regulating Local Government Financing Vehicles and Public-Private Partnerships in China »

Source: Regulating Local Government Financing Vehicles and Public-Private Partnerships in China

Volume/Issue: 2016/187

Series: IMF Working Papers

Author(s): Hui Jin , and Isabel Rial

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 September 2016

ISBN: 9781475536768

Keywords: fiscal risk, public investment, subnational government

In this paper, we argue that there is much room for China to strengthen its regulatory framework for public-private partnerships (PPPs). We show that infrastructure projects carried out through local government fin...

Regulating Local Government Financing Vehicles and Public-Private Partnerships in China

Regulating Local Government Financing Vehicles and Public-Private Partnerships in China »

Source: Regulating Local Government Financing Vehicles and Public-Private Partnerships in China

Volume/Issue: 2016/187

Series: IMF Working Papers

Author(s): Hui Jin , and Isabel Rial

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 December 2016

Language: Chinese

ISBN: 9781475553178

Keywords: Public-private partnership, China, Infrastructure, Public investment, Fiscal risk, Risk management, Government accounting, fiscal risk, public investment, subnational government

In this paper, we argue that there is much room for China to strengthen its regulatory framework for public-private partnerships (PPPs). We show that infrastructure projects carried out through local government fin...

Roads to Nowhere: How Corruption in Public Investment Hurts Growth

Roads to Nowhere: How Corruption in Public Investment Hurts Growth »

Source: Roads to Nowhere : How Corruption in Public investment Hurts Growth

Series: Economic Issues

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 March 1998

ISBN: 9781557757104

Keywords: public investment, government revenue, current expenditure, investment projects, rate of return

Ribbon-cutting ceremonies marking the opening of investment projects—such as roads, dams, irrigation canals, power plants, ports, airports, schools, and hospitals—are every politician’s dream. These occasion...

BRICs’ Philosophies for Development Financing and their Implications for LICs

BRICs’ Philosophies for Development Financing and their Implications for LICs »

Source: BRICs' Philosophies for Development Financing and their Implications for LICs

Volume/Issue: 2012/74

Series: IMF Working Papers

Author(s): Yongzheng Yang , and Nkunde Mwase

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2012

ISBN: 9781475502268

Keywords: BRICs, Russia, Institutions, LICs, development financing, debt sustainability, debt relief, public investment, commodity prices, History Of Thought: - Individuals

Flows of development financing from the BRICs (Brazil, Russia, India, and China) to low income countries (LICs) have surged in recent years. Unlike aid from traditional donors, BRICs (excluding Russia) view their f...

From Global Savings Glut to Financing Infrastructure

From Global Savings Glut to Financing Infrastructure »

Source: From Global Savings Glut to Financing Infrastructure

Volume/Issue: 2016/18

Series: IMF Working Papers

Author(s): Rabah Arezki , Patrick Bolton , Sanjay Peters , Frederic Samama , and Joseph Stiglitz

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 February 2016

ISBN: 9781475591835

Keywords: H49, H54, G30, G38, projects, bank, risk, equity, General, Government Policy and Regulation

This paper investigates the emerging global landscape for public-private co-investments in infrastructure. The creation of the Asian Infrastructure Investment Bank and other so-called “infrastructure investment pla...

Back Matter

Back Matter »

Source: Roads to Nowhere : How Corruption in Public investment Hurts Growth

Series: Economic Issues

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 March 1998

ISBN: 9781557757104

Keywords: public investment, government revenue, current expenditure, investment projects, rate of return

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 c...

Regulating Local Government Financing Vehicles and Public-Private Partnerships in China

Regulating Local Government Financing Vehicles and Public-Private Partnerships in China »

Volume/Issue: 2016/187

Series: IMF Working Papers

Author(s): Hui Jin , and Isabel Rial

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 September 2016

DOI: http://dx.doi.org/10.5089/9781475536768.001

ISBN: 9781475536768

Keywords: fiscal risk, public investment, subnational government

In this paper, we argue that there is much room for China to strengthen its regulatory framework for public-private partnerships (PPPs). We show that infrastructure projects carried out through local government fin...

Front Matter

Front Matter »

Source: Roads to Nowhere : How Corruption in Public investment Hurts Growth

Series: Economic Issues

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 March 1998

ISBN: 9781557757104

Keywords: public investment, government revenue, current expenditure, investment projects, rate of return

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 c...

Regulating Local Government Financing Vehicles and Public-Private Partnerships in China

Regulating Local Government Financing Vehicles and Public-Private Partnerships in China »

Volume/Issue: 2016/187

Series: IMF Working Papers

Author(s): Hui Jin , and Isabel Rial

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 December 2016

Language: Chinese

DOI: http://dx.doi.org/10.5089/9781475553178.001

ISBN: 9781475553178

Keywords: Public-private partnership, China, Infrastructure, Public investment, Fiscal risk, Risk management, Government accounting, fiscal risk, public investment, subnational government

In this paper, we argue that there is much room for China to strengthen its regulatory framework for public-private partnerships (PPPs). We show that infrastructure projects carried out through local government fin...