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NCJ Number: 184678 Find in a Library
Title: Fighting Corruption: The Growing Role of the IMF (From Responding to the Challenges of Corruption, P 183-188, 2000, Anna A. del Frate and Giovanni Pasqua, eds. -- See NCJ-184664)
Author(s): Vito Tanzi
Date Published: 2000
Page Count: 6
Sponsoring Agency: United Nations Interregional Crime and Justice Research Institute (UNICRI)
10127 Torino, Italy
United Nations Publications
New York, NY 10017
Sale Source: United Nations Publications
1st Avenue and 46th Street
Concourse Level
New York, NY 10017
United States of America

United Nations Interregional Crime and Justice Research Institute (UNICRI)
Viale Maestri del Lavoro, 10
10127 Torino,
Type: Issue Overview
Format: Book (Softbound)
Language: English
Country: Italy
Annotation: This chapter discusses the growing role of the International Monetary Fund (IMF) in fighting corruption.
Abstract: In the not-too-distant past, the IMF paid little attention to corruption in the countries with which it dealt, sometimes continuing Fund-supported programs in countries in which the leaders were generally known to be corrupt. A change in attitude began around the middle of the 1990's, reflecting several factors: the fall of the Berlin Wall, which brought more openness in discussions among countries; major corruption scandals in several countries resulted in governmental changes, putting corruption on the front pages of newspapers and making it more difficult for anybody, including the IMF to ignore; anti-corruption efforts by the Organization for Economic Cooperation and Development moved the issue into the international political arena; and financial and banking crises became more frequent, often traced to or blamed on acts of corruption. The Fund's greater involvement in fighting corruption is now endorsed by its Board of Executive Directors, which supports the view that corruption can no longer be ignored by the IMF and can no longer be dismissed as a minor nuisance with ambiguous effects on economic performance. Rather, corruption must be considered one of the causes of macroeconomic problems and financial crises and an obstacle to countries' capacity to grow. Notes
Main Term(s): Crime prevention measures
Index Term(s): Attitude change; Corruption of public officials; Crime control policies; Economic influences; Financial management; International cooperation; International organizations; Political influences; World criminology
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