Citation

Bissio R. Development 2021; 64(1-2): 93-96.

Copyright

(Copyright © 2021, Society for International Development, Publisher Holtzbrinck Springer Nature Publishing Group -- Palgrave-Macmillan)

DOI

10.1057/s41301-021-00289-x

PMID

unavailable

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. © 2021, Society for International Development.

Language: en

Keywords

crime; Democracy; democracy; private sector; public-private partnership; financial market; corruption; IFC; Leveraging; Private–Public-Partnerships; World Bank