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"Red flags" are indicators of potential issues regarding governance failure, collusion or corruption in projects. While some specific red flags can be powerful indicators of issues to be addressed, the hypothesis of this paper is that many proposed red flags are potentially too ubiquitous and...
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A number of recent survey articles express hope that new data from enterprise surveys would shed new light on corruption complementing the corruption perception index by Transparency International. The paper explores this using the World Bank's Enterprise Survey data globally and not just the...
Persistent link: https://www.econbiz.de/10011395176
Governance is central to development outcomes in infrastructure, not least because corruption (a symptom of failed governance) can have significantly negative impact on returns to infrastructure investment. This conclusion holds whether infrastructure is in private or public hands. This paper...
Persistent link: https://www.econbiz.de/10010521578
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...
Persistent link: https://www.econbiz.de/10010521638
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...
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The two problems of corruption and poor governance -- Measuring what wants to be hidden -- Development predestinationism -- Improving institutions -- Practical policymaking for donors -- Reimagining the development dialogue
Persistent link: https://www.econbiz.de/10011642888