Corruption and public finance: An IMF perspective

Arye L. Hillman

Research output: Contribution to journalArticlepeer-review

37 Scopus citations


Public finance should be a means whereby governments in low-income countries are able to increase economic growth and end poverty. Corruption, however, reduces tax revenue and makes public expenditure policies ineffective for achieving social objectives. The papers in this volume, which is sponsored by the Fiscal Affairs Department of the International Monetary Fund (IMF), describe how corruption makes public finance ineffective in promoting economic development.

Original languageEnglish
Pages (from-to)1067-1077
Number of pages11
JournalEuropean Journal of Political Economy
Issue number4
StatePublished - Nov 2004


  • Corruption
  • IMF
  • Public finance


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