Why Is Corruption a Problem?

Topics: Political corruption, Third World, Bribery Pages: 4 (1401 words) Published: February 17, 2013
Why is Corruption a Problem?
Corruption is the use of public office for private gain, the use of official position, rank or status by an office bearer for his own personal benefit. (Khandu) Corruption can come in different forms, like bribery, extortion, cronyism, nepotism, patronage, graft and embezzlement. (Paper) Corruption can be a major obstacle in the process of economic, political, social and environmental development and in modernizing a country. (Myint) Corruption can also affect people’s health, income inequality and poverty. This essay will talk about the underlying causes of corruption, its consequences, and why corruption is a problem for countries and its people. Corruption is a major constraint that is hindering the country’s economic, political and social development. Corruption has a number of consequences. In particular, corruption lowers economic growth. An easy example would be public facilities. The people of the country pay taxes for new or better facilities in the country like public schools, swimming pools etc. If the government is corrupt, then there won’t be any new public school and that could lower the amount of educated people in the country. Another example would be the foreign investors. They wouldn’t dare to invest, to start a new company branch in a corrupt country because the country is not reliable. Because of those reasons, the country would be hard to develop. (Contributor) Consequence that corruption brings other than undeveloped economically is the social development of the country. The people of the country couldn’t trust the government anymore. The people could turn a rebellion against the government, they want their money back. They worked their hardest to get money to pay tax and their family needs, but instead the government just took the money away for his/her personal gain. The same applies to social rights worker protection, unionization prevention, and child labor. Violation of these laws rights enables corrupt...
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