Abstract
This article considers administrative sanctions used by multilateral development banks in response to corruption in development projects. The paper covers the backgrounds, purposes, and current practices of these similar but non-identical systems, and searches for lessons to be learned as the MDBs continue to tackle the problem of corruption through sanctions of private companies and individuals. A particular focus is the institutions’ balanced approach to risk management that uses both exclusion and tools of rehabilitation with respect to culpable companies and individuals.
Published Version
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