Author(s)
Hall, DavidEditor(s)
Eade, DeborahPublication date
1999-11-01
Metadata
Show full item recordJournal
Development in PracticeDocument type
Journal articleLanguage
EnglishDescription
Recent initiatives from the OECD, the World Bank, and others on the subject of corruption have received widespread attention. However, the author argues that the incidence of corruption is closely connected with contracting-out, concessions, and privatisation, where multinationals based in OECD countries stand to gain profitable business. The encouragement of privatisation by the World Bank, and the economic benefit to OECD multinationals from this business, mean that action against corruption needs to involve effective sanctions by developing countries against multinationals which engage in corrupt practices; greater political transparency to remove the secrecy under which corruption flourishes; and resistance to the uncritical extension of privatisation. This article looks at empirical evidence on this subject.<p>This article is hosted by our co-publisher Taylor & Francis.</p>Pages
18ISSN
0961-4524EISSN
1364-9213ae974a485f413a2113503eed53cd6c53
10.1080/09614529952657