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Political Corruption and Bribery Refers

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Political Corruption and Bribery Refers
Bribery in International Environment

Although today it is difficult to acquire absolute power, political and economic corruption in the form of bribery is one of the most important international issues to be addressed. This phenomenon lacks easy definition because it is rooted in the perversion of the world institutions permeating the global system. However, a basic definition of bribery refers to the offering, giving, soliciting, or receiving of any item of value as a means of influencing the actions of an individual holding a public or legal duty (http://www.law.cornell.edu/wex/bribery). In order to be fully understood, bribery must be examined from the global, interdependent and historical perspectives. There is a need to understand the importance of bribery as a concern for individuals, cultures, governments, and countries. Bribery is directly linked to globalization as well as power and in many cases to mega-powers that go above national and global laws and institutions to achieve their own agenda. Corruption and bribery made public through media are insignificant pieces of information comparing to the reality of what is going on behind the scenes between governments, big corporations, and financial institutions in international business.
According to the transparency international, there are three types of bribery: * Bribery of high-ranking politicians or political parties * Bribery of low-level public officials used to “speed things up” * The use of personal or family relationships to win public contracts (http://www.transparency.de/2-2-Types-of-Bribery.1300.0.html)
Bribery of high - ranking politicians or political parties is bribery on a large scale. It is illegal worldwide and is often performed by “big” players in the society such as big corporations and political parties, and is constantly taking place all over the world often well covered and therefore unnoticed. However, when discovered it leads to significant public scandals. For

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