Brookings
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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.
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