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The development of a country depends generally on the work and values of its society. The image of a country can be severely damaged by certain actions and behavior of their citizens, like bribery. When a country is known as a corrupt nation, not only will the facade of the country be affected, but also the economy. Establishing measures to eradicate corruption are urgently necessary. Corruption has been around since the begging of time, but currently is more common in business, more specifically, international business. Although some organizations have been formed, and conventions have been signed in order to end it, corruption is still one of the mayor problems around the world. An ethical view might bring more insight to why bribery and …show more content…
According to Transparency International, an organization committed exclusively to end corruption, three of the most corrupt countries in the world are Somalia, North Korea and Afghanistan. This does not mean that corruption is only seen in underdeveloped countries. In international business, corporate employees often find themselves dealing with corruptors in foreign countries and, in most cases, they will give in. In the past couple of years we have been able to observe the consequences that are brought by corruption and bribery. For this matter, many organizations, national and international, have been formed. Transparency international is an organization based solely to battle corruption in businesses, governments and societies. They provide a report annually called “Corruption Perceptions Index”, which is based on the opinion of economic experts and surveys. This makes it very susceptible to criticism, and countries like Venezuela and North Korea refuse to accept the results. Transparency international is also responsible for the “Global Corruption Barometer” which is survey for the public. The organization surveyed a total of one thousand people in each of the one
Bribery has always been a controversial issue, especially in the business world. Many argue that bribes are a necessary cost of doing business while others view them with distain, claiming that they are antiquated and create an unfair advantage. In the late 90’s, the problem reached a boiling point. Although laws such as the Foreign Corrupt Practices Act made bribery illegal in the United States, it still remained an international issue. Numerous skeptics claimed that violators of the act slipped through loopholes and that the law was not properly enforced. This law only applied to the United States, but bribery had become a worldwide concern. In 1998, the International Anti-Bribery and Fair Competition Act was enacted. The Act became law on November 10, 1998, however; it did not take effect until May 1, 1999.
Chetwynd, Eric, Frances Chetwynd, and Bertram Spector. "Corruption and Poverty: A Review of Recent Literature." Management Systems International (2003): n. pag. Print.
Transparency International defines corruption as “the abuse of entrusted power for private gain.” In politics, as we have learned, this includes (but is not limited to) fraud, bribery, embezzlement, influence peddling, lying, conflict of interest, and patronage.
The runaway corruption in the country harms the business environment and causes collapse of various established institutions and industries.
Bribery poses difficulties on moral grounds because it is incompatible with the principal of human equality and the fundamental right for individuals to be treated with equal respect and concern. For an institution to adhere to this principle, they must operate with fairness and impartiality: nobody should have access to influence that is not accessible to all. Bribery operates as part of a mechanism by which influence is only available ...
Thirdly corruption is endemic and has spread to every facet of the economy. It is widely prevalent in many government and public agencies and foreign banks believe that business operations may come to a halt if they is “no greasing of palms’’
The rule of law is vital for supporting a democratic society. Citizens rely on the government to protect its people through laws and good governance. However, corruption undermines government’s abilities to be accountable for the good of its people. Corruption as defined by Transparency International is “the abuse of entrusted power for private gains”. When governments are corrupt, they defer the rule of law and create greater inequalities. Organized crimes, such as human trafficking, contribute to corruption by undermining law enforcement efforts, slowing economic growth, and raising the costs of regional trade (Dixon 98). These negative impacts effect the peoples trust in the government.
Some people said that corruption is rampant in all governments, So that it is not unknown to any ethnic group, region and continent. It cuts across faiths, political systems, religious Denominations and affects both young and old people. Fraud can be found in public and authoritarian rule;...
The question of why bribery is illegal in the first place is fundamental to the discussion of its practice and legality. Foremost, it can be considered wrong in terms of normative ethics, both deontologically and teleologically. Teleological ethics holds that the outcome of an action is the determining factor in whether or not it is moral. Should bribery create economic distortions resulting in suboptimal development in the aggregate, it would be economically beneficial in the long run to criminalise bribery. Therefore, application of a consequentialist view asserts that bribery, in being detrimental to the economy, i...
The broadest, most suitable definition which exists today simply states that corruption is any illegal act performed by a politician to produce results which would have been otherwise impossible (Ebbe). In some cases, government, politicians, and criminals entwine for the sake of amassing money in order to secure their own jobs. This form of corruption was apparent in the mafia’s association with the government in the early 1900’s. Once government involvement takes place, the force foreign to the government gains enough power and evidence against the government that this kind of corruption becomes extremely difficult to stop. Political corruption, however, is most visible in governments in which an elite, or an elite few, hold absolute power, and keeps the saying “absolute power corrupts absolutely” true to this day.
Despite the improvements within the last decade the vast majority of sub-Saharan Africa remains corrupt. Corruption is a complex phenomenon. The inability for the country as a whole to solve their own issues is indeed the reason the country till this day is considered a developing nation. But as much as sub-Saharan is said to be ethical, stats and numbers illustrate many forms of corruption. Corruption within the country’s policies, bureaucratic traditions, political development, and social history. The aim of this paper is to elaborate and construe the many forms of corruption being practiced in sub-Saharan Africa. In addition, how it creates everlasting effects on the nation 's people specifically focusing on the Education, Healthcare, and
Over the last few years, the issue of corruption--the abuse of public office for private gain--has attracted renewed interest, both among academics and policymakers. There are a number of reasons why this topic has come under recent inspection. Corruption scandals have toppled governments in both major industrial countries and developing countries. In the transition countries, the shift from command economies to free market economies has created massive opportunities for the appropriation of rents, excessive profits, and has often been accompanied by a change from a well-organized system of corruption to a more chaotic and deleterious one. With the end of the cold war, donor countries have placed less emphasis on political considerations in allocating foreign aid among developing countries and have paid more attention to cases in which aid funds have been misused and have not reached the poor. And slow economic growth has persisted in many countries with malfunctioning institutions. This renewed interest has led to a new flurry of empirical research on the causes and consequences of corruption.
In simple terms Public Corruption can be defined as the misuse of public office for private gain.Corruption is an outcome and reflection of a country’s economic,legal,cultural and political institutions. Transparency International(2005,2008) found that more than 65% of Indians had a first hand experience of paying bribes and nearly 45% used contacts to get job done.Institutionalised Corruption has long been prevalent in India.Big Business and individuals dictate bureaucratic norms by breaking law,paying off public servants just to gain access to elements of governance.
The existence of bribery and unethical behavior is rampant in the world market and may not change overnight. The question of bribery has been distilled in business literature as a question of ethics. In this situation at the airport with the customs officer, it is important to distinguish between business ethics and personal ethics. In a business ethics situation, the Foreign Corruption Practices Act would prohibit offering any bribe to the custom office – for example to free a shipment of goods that was lost in red tape (Pitman & Sanford, 2006). Most companies also have policies against bribery as well. In this situation, however the main issue at hand is that of personal ethics. When in a situation where your company is unknown and there is no business being conducted, normal business ethics and laws (including FCPA) do not apply only personal ethical standards.
Conceptualizing Corruption in South Africa Conceptualizing Corruption in South Africa Amr Taha El Baba Lebanese American University SPECIFIC PURPOSE: To persuade my audience that corruption could cripple the progress in South African societies. Crime and corruption are not relevant to the degree of poverty present in a country as some of you might think. Corruption is a social phenomenon that every society deals with, regardless of the level of development in the country. What makes corruption a dangerous social phenomenon is its ability to adapt to the conditions present in any country.