Abstract
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 language | English |
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Pages (from-to) | 1067-1077 |
Number of pages | 11 |
Journal | European Journal of Political Economy |
Volume | 20 |
Issue number | 4 |
DOIs | |
State | Published - Nov 2004 |
Keywords
- Corruption
- IMF
- Public finance