Essays and Reports

Helping countries combat corruption: the role of the World Bank

September 1, 1997

World Bank report states that “the Bank has a responsibility under its articles to ensure that the funds it lends to borrowers are used for their intended purposes and with due attention to economy and efficiency.”

Read the full report here.  [PIver here]

Helping Countries Combat Corruption:
The Role of the World Bank
 Poverty Reduction and Economic Management
The World Bank
September 1997

Contents:
Preface
Foreword
1. Key Messages
2. Corruption and Economic Development
How do we define corruption?
What are the causes of corruption?
What do economics and political science tell us?
What is the Bank’s experience?
3. A Bank Strategy for Tackling Corruption
The Bank’s legal mandate
The Bank’s fiduciary responsibility
Helping countries combat corruption
Contributing to international efforts
4. Controlling Corruption in Bank-financed Projects
Procurement
Codes, pacts, and pledges
Loan disbursement
5. Helping Countries Reform Economic and Sector Policies
Deregulation and the expansion of markets
Policy advice when government continues to play a role
6. Helping Countries Strengthen Institutions
Public management reform
Legal and judicial reform
Civil society and the media
7. Mainstreaming a Concern for Corruption in Bank Activities
Economic work
Country assistance strategies and the country dialogue
Lending program
Procurement and financial management
External agency practices and public sector management
Staffing implications
8. International Efforts
Current international initiatives
Bank actions at the international level
9. Concluding Thoughts
Appendix
The International Finance Institution’s approach to combating fraud and corruption in project finance
The Multilateral Investment Guarantee Agency’s approach to combat-ing fraud and corruption in guarantees

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