IMF Fiscal Monitor on Curbing Corruption

Vitor Gaspar and Paulo Medas of the International Monetary Fund’s Fiscal Affairs Department presented their team’s work in the new IMF Fiscal Monitor on corruption at an event held at the Peterson Institute for International Economics on April 4, 2019. Susan Rose-Ackerman of Yale University and Frank Vogl, cofounder of Transparency International and the Partnership for Transparency Fund, shared their insights on the political economy of corruption. PIIE senior fellow Monica de Bolle chaired the discussion.

Vitor Gaspar is director of the Fiscal Affairs Department of the IMF. Prior to joining the Fund, he held a variety of senior policy positions at Banco de Portugal, including most recently as special adviser. He served as minister of state and finance of Portugal during 2011–13. He was head of the European Commission’s Bureau of European Policy Advisers during 2007–10 and director-general of research at the European Central Bank from 1998 to 2004.

Paulo Medas is a deputy division chief at the Fiscal Affairs Department at the IMF. In recent years, he has been involved in strengthening IMF work on governance and corruption, contributing to both research and operational aspects. He has led technical assistance missions to several countries on fiscal issues. Previously, he was the IMF’s resident representative in Brazil in 2008–11.

Susan Rose-Ackerman is Henry R. Luce Professor Emeritus of Law and Political Science and professorial lecturer in law at Yale University. She has held fellowships at the Wissenschaftskolleg zu Berlin, the Center for Advanced Study in the Behavioral Sciences in Palo Alto, Collegium Budapest, the Stellenbosch Institute for Advanced Study in South Africa, Queen Mary University of London, and the Guggenheim Foundation and the Fulbright Commission.

Frank Vogl is the cofounder of two leading international nongovernmental organizations fighting corruption—Transparency International and the Partnership for Transparency Fund. He teaches at Georgetown University and writes regularly on corruption for The Globalist. Vogl has more than 50 years of experience in international finance—as a journalist, a senior World Bank official, and as president and CEO of Vogl Communications, Inc. (1990–2017).