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Corruption and the Global Economy / Edition 1
     

Corruption and the Global Economy / Edition 1

by Kimberly Ann (Ed.) Ann Elliott, Kimberly Ann Elliott
 

ISBN-10: 0881322334

ISBN-13: 9780881322330

Pub. Date: 05/01/1997

Publisher: Peterson Institute for International Economics

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

Overview

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.

Product Details

ISBN-13:
9780881322330
Publisher:
Peterson Institute for International Economics
Publication date:
05/01/1997
Edition description:
New Edition
Pages:
244
Product dimensions:
5.90(w) x 8.90(h) x 0.60(d)
Age Range:
18 Years

Related Subjects

Table of Contents

Prefacevii
Acknowledgmentsxi
Introduction1
1The Globalization of Corruption7
IThe Sources and Effects of Corruption
2The Political Economy of Corruption31
3Public Officials, Private Interests, and Sustainable Democracy: When Politics and Corruption Meet61
4The Effects of Corruption on Growth, Investment, and Government Expenditure: A Cross-Country Analysis83
5Comments109
IIOpportunities and Options for Reform
6International Cooperation to Combat Corruption119
7The Importance of Leadership in Fighting Corruption in Uganda133
8Combatting International Corruption: The Role of the Business Community147
9Comments163
Vito Tanzi163
Jules Kroll169
IIISummary and Conclusions
10Corruption as an International Policy Problem: Overview and Recommendations175
Appendices
AUS Policy on Corruption237
BData Sources for Cross-Country Analysis of Corruption241

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