Learning from corruption

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Across infrastructure as a whole, governments and donors still account for around four-fifths of sector investment. In a new World Bank paper, Charles Kenny compiles experiences from over 20 years in reducing the development impact of corruption in the field in the areas of regulation, state-owned enterprise reform, planning and budgeting and project design.

Lesson one: "Anti-corruption measures, much like other regulation designed to minimize market or government failure, can carry higher costs than the economic benefit of the reduced corruption with which they are associated."

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