Corruption and the global economy / Kimberly Ann Elliott, editor.

Format:

Book

Contributor:

Elliott, Kimberly Ann, 1960-

Institute for International Economics (U.S.)

Language:

English

Subjects (All):

Political corruption--Economic aspects.

Political corruption.

Corruption.

Physical Description:

1 online resource (258 p.)

Place of Publication:

Washington, DC : Institute for International Economics, 1997.

Language Note:

English

Summary:

The recently-adopted OECD convention outlawing bribery of foreign public officials is welcome evidence of how much progress has been made in the battle against corruption. The financial crisis in East Asia is an indication of how much remains to be done. Corruption is by no means a new issue but it has only recently emerged as a global issue. With the end of the Cold War, the pace and breadth of the trends toward democratization and international economic integration accelerated and expanded globally. Yet corruption could slow or even reverse these trends, potentially threatening economic development and political stability in some countries. As the global implications of corruption have grown, so has the impetus for international action to combat it. In addition to efforts in the OECD, the Organization of American States, the World Trade Organization, and the United Nations General Assembly, the World Bank and the International Monetary Fund have both begun to emphasize corruption as an impediment to economic development. This book includes a chapter by the Chairman of the OECD Working Group on Bribery discussing the evolution of the OECD convention and what is needed to make it effective. Other chapters address the causes and consequences of corruption, including the impact on investment and growth and the role of multinational corporations in discouraging bribery. The final chapter summarizes and also discusses some of the other anticorruption initiatives that either have been or should be adopted by governments, multilateral development banks, and other international organizations.

Contents:

""Contents""; ""Preface""; ""Acknowledgments""; ""Introduction""; ""1 The Globalization of Corruption""; ""I The Sources and Effects of Corruption""; ""2 The Political Economy of Corruption""; ""3 Public Officials, Private Interests, and Sustainable Democracy: When Politics and Corruption Meet""; ""4 The Effects of Corruption on Growth, Investment, and Government Expenditure: A Cross-Country Analysis""; ""5 Comments: Dani Rodrik and James E. Rauch""; ""II Opportunities and Options for Reform""; ""6 International Cooperation to Combat Corruption""

""7 The Importance of Leadership in Fighting Corruption in Uganda""""8 Combatting International Corruption: The Role of the Business Community""; ""9 Comments: Vito Tanzi and Jules Kroll""; ""III Summary and Conclusions""; ""10 Corruption as an International Policy Problem: Overview and Recommendations""; ""Appendices""; ""A: US Policy on Corruption""; ""B: Data Sources for Cross-Country Analysis of Corruption""

Notes:

Description based upon print version of record.

Includes bibliographical references.

ISBN:

9786611790943

9781281790941

128179094X

9780881323238

0881323233

9781435682757

1435682750