Corruption in Public Procurement: the case of infrastructure in Africa
Public procurement systems in Africa have increasingly become a target for corrupt practices. Indeed, corruption in the procurement of public goods and services is a major obstacle to economic growth and development. The effects of corruption on the economy can be severe, including misallocation of scarce resources, reduction in the quality of services, increased cost of doing business, discouraging foreign investments as well as shrinking governments’ tax revenues. It is estimated that African countries lose about USD 148 billion per annum in corruption. The purpose of this framework study is to provide an updated assessment of the impact of corruption in public procurement in Africa. Specifically, the study seeks to show the negative effects of corruption in public procurement on Africa’s infrastructure development and propose policy recommendations accordingly.
Format: | Press release biblioteca |
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Language: | eng |
Published: |
2015-05
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Online Access: | https://hdl.handle.net/10855/35338 |
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