This paper outlines the IMF's perspective on the economic impact of corrup-tion and experience in helping countries … design and implement strategies to address it. Corruption has a broader corrosive impact on society. It undermines trust in … influence and political interference. Corruption afflicts countries at all stages of development. Indeed, some developing …

kickbacks these projectspresent. This paper contends that such corruption increases the numberof capital projects undertaken and …

Drawing on recent examples of corruption in the Baltics and former Soviet Union, this pamphlet analyzes the links … between governance and corruption, and emphasizes the high economic cost that corruption exacts. The pamphlet outlines how the … IMF is working with the countries of the former Soviet Union to curb corruption, and put in place the regulatory and legal …

Anecdotal evidence relates corruption with high levels of military spending. This paper tests empirically whether such … the period 1985–98. The association between military spending and corruption is ascertained by using panel regression … techniques. The results suggest that corruption is indeed associated with higher military spending as a share of both GDP and …

demanding and difficult times, characterized by a succession of shocks unseen, in the advanced economies, since World War II …