Ethical debate around development aid has gradually grown and diversified, and a field that spans some aspects of policy, organizational and personal practice has partly emerged. After characterizing this trend, the paper considers the following: the...

The author reviews the overwhelming statistical evidence that countries with high levels of corruption experience poor economic performance. Corruption hinders economic development by reducing domestic investment, discouraging foreign direct...

In this article, the author surveys the World Bank's efforts in combating the myth surrounding corruption, as well as the Bank's work in creating diagnostic tools, disseminating survey results, and implementing effective anti-corruption strategies...

Many developing countries, and indeed a significant number of developed countries, need a practical strategy to launch future education and prevention programmes against corruption and economic crime. This article offers constructive advice on how to...

This paper outlines the Bank's position on anticorruption issues and recommends a number of concrete measures for establishing the Bank's anticorruption policy, whose main objective is to reduce the burden that widespread, systemic corruption exacts...

Studies of the consequences of corruption have mainly focused on economic efficiency. This paper illustrates that corruption can also have distributional consequences. Corruption increases income inequality and poverty through lower economic growth...

This book offers the view of eminent thinkers and practitioners on how to reduce and eventually eliminate corruption. It shows that, while helpful, democracy is by no means a cure for corruption, nor is economic liberalisation a panacea for ending...

Ribbon-cutting ceremonies marking the opening of investment projects, such as roads, dams, irrigation canals, power plants, ports, airports, schools, and hospital, are every politician's dream. The very act of cutting the ribbon seems to identify the...

Corruption, particularly political or "grand corruption", distorts the entire decision-making process connected with public investment projects. The degree of distorsions is higher with weaker auditing institutions. The evidence presented shows that...

While corruption is an ancient problem, it has had variegated incidence at different times in different places, with varying degrees to damaging consequences. While the tenacity with which it tends to persist in some cases easily leads to despair and...