Leveraging Corruption: How World Bank Support to Private Sector Undermines Emerging Democracies

Roberto Bissio ()
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Roberto Bissio: Social Watch

Development, 2021, vol. 64, issue 1, 93-96

Abstract: Abstract The International Finance Corporation, the branch of the World Bank that lends to the private sector, is closely associated with the biggest corruption cases in history, including the infamous Odebrecht scandal that resulted in the removal, imprisonment and even suicide of several Latin American presidents. Yet diplomatic immunity has kept the Bank and its Private–Public Partnerships model away from scrutiny.

Keywords: Private–Public-Partnerships; IFC; Leveraging; Democracy (search for similar items in EconPapers)
Date: 2021
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DOI: 10.1057/s41301-021-00289-x

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