The construction industry accounts for about one-third of gross capital formation. Governments have major roles as clients, regulators, and owners of construction companies. The industry is consistently ranked as one of the most corrupt: large payments to gain or alter contracts and circumvent...

This paper examines what we can say about the extent and impact of corruption in infrastructure in developing countries using existing evidence. It looks at different approaches to estimating the extent of corruption and reports on the results of such studies. It suggests that there is...

1. Liberalism and social transformation -- 2. The World Bank, sovereignty and development -- 3. From structural adjustment to good governance -- 4. Governance, liberalism and social transformation -- 5. Transformation in practice -- 6. Sovereignty, development and the liberal project.