Introduction Corruption in simple terms may be defined as "an act of bribery" . It has been described as profit in a way that constitute a breach of law or a deviation from the norms of society. it involves all types of person and groups such as politician‚ officials‚ policemen‚ and other citizens including businessmen‚ industrialists‚ bankers‚ etc. whether as individual or groups including white collars criminals who break the law
Premium India Suicide Political corruption
Corruption is‚ indeed‚ an issue of concern to those who are committed to global justice. However‚ it is not just a development issue. Corruption occurs in all countries‚ where the mix of opportunity and inclination exists‚ especially in the interface between the private and public sector. Where it exists‚ corruption destabilises democratic government‚ harms trade and investment‚ threatens the environment and encourages the abuse of human rights. It impinges on basic social services and threatens
Premium United Nations Millennium Development Goals Political corruption
THE CAUSES OF CORRUPTION: A CROSS-NATIONAL STUDY Why is corruption—defined here as the misuse of public office for private gain—perceived to be more widespread in some countries than others? Different theories associate cross-national variation in the extent of corruption with particular historical and cultural traditions‚ levels of economic development‚ political institutions‚ and government policies. This paper analyzes which of various plausible determinants are significantly related to an
Premium Politics Regression analysis Transparency International
Corruption “The Evil Phoenix” Subramanian Alias Vijay Pillay Stevens Institute of Technology Corruption “The Evil Phoenix” Corruption‚ a never heard fairy tale for some and a day to day life for others. It is a severe epidemic disease tough to cure. But the victims here are not just some people. It affects the entire world. Corruption is the biggest manifestation of greed and killer of the economic growth which has exponential systemic effects. It has been prevalent in the history and is expected
Free Bribery Political corruption Foreign Corrupt Practices Act
Corruption in any form is treated as an incurable disease‚ a cause of many social and economical evils in the society and it damages the moral and ethical fibres of the civilization. Indisputably‚ it is correct that corruption breeds many evils in the society and once corruption starts taking place‚ slowly and gradually whole country passes through its net and it becomes after sometime an incurable disease. From the point of view of economic growth‚ there seems to be no clear cut correlation between
Premium Economics Economic growth Decision making
Asia-Pacific Development Journal Vol. 7‚ No. 2‚ December 2000 CORRUPTION: CAUSES‚ CONSEQUENCES AND CURES U Myint* The paper stresses the need to keep the issue of corruption squarely in view in the development agenda. It discusses the causes and consequences of corruption‚ especially in the context of a least developed country with considerable regulation and central direction. Lack of transparency‚ accountability and consistency‚ as well as institutional weaknesses such as in the legislative
Premium Developed country Political corruption Bribery
CORRUPTION: The long and short of it The recent turn of events in our country point towards a mass awakening to the scar of corruption and deeply it has trickled down into the grass roots of each and every sphere of India. People‚ rather the masses‚ are waking up and smelling the coffee and taking law in their own hands by questioning the government about each and every step taken by them in the past few years. The motto seems to be “civil disobedience”‚ a far cry from the peaceful protests held
Premium Political corruption Corruption Bribery
Corruption in India is a major issue and adversely affects its economy.[1] A study conducted by Transparency International in year 2005 found that more than 62% of Indians had firsthand experience of paying bribes or influence peddling to get jobs done in public offices successfully.[2][3] In its study conducted in year 2008‚ Transparency International reports about 40% of Indians had firsthand experience of paying bribes or using a contact to get a job done in public office.[4] In 2012 India has
Premium Political corruption India
Introduction Corruption is defined by the World Bank and Transparency International (TI) as “the misuse of public office for private gain.”1 Though the defination is too narrow in meaning but Corruption is a global phenomenon. It articulates the whole system from primary to secondary level government and non-government officials. It is so involved in our social system that is today necessity to have it for development of low economic disables. The graveness of this menace can be observed from the
Premium Political corruption Corruption Transparency International
CORRUPTION IN RUSSIA by James Roaf‚ European II Department‚ IMF* Conference on Post-Election Strategy Moscow‚ April 5-7‚ 2000 A. Introduction Corruption is often cited as a key factor behind Russia’s economic problems. However‚ while it is generally agreed that Russia does suffer from a particularly high incidence of corruption‚ economists are far from clear as to the actual economic implications of the problem. This note discusses Russia’s experience of corruption from the perspective of the substantial
Premium Political corruption Economics Corruption