Brookings

OpenCalais Metadata: Ticker

OpenCalais Metadata: LegalName

The City of Brookings, Oregon

IMF: 2% of global GDP goes to bribes

It is estimated that bribes and graft correspond between 1.5% to 2% of global GDP, according to IMF head Christine Lagarde. The IMF Managing Director said that systemic corruption was jeopardising the ability of states to create growth and lift populations out of poverty during a speech at the Brookings Institute in Washington.