Compare and Contrast Country

Topics: Political corruption, Ethics, Business ethics Pages: 6 (1964 words) Published: December 6, 2012
In the world today, corruption and integrity are widespread issues that plaque many countries around the world. Many countries have to face the possibility of government officials misusing their governmental powers for other purposes. “What constitutes illegal corruption may differ depending on the country or jurisdiction. Certain political practices may be legal in one place and illegal in another. In some countries, government officials have wide or not well defined powers. The line between legal and illegal can be very difficult to draw.” (Political corruption-Wikipedia, the free encyclopedia) The two most corrupt countries in the world are Bangladesh and Chad. The first impression by the public and media is that the people of Bangladesh view corruption as a natural way of life. The police of Bangladesh are viewed as the most corrupt. The department of land, customs, and the department of taxation, the bureaucracy, and the judiciary are also considered to be corrupt. The primary responsibility for the corruption of Bangladesh lies within the hands of the government officials. Chad, along with Bangladesh is rated among the nations for the worst corruption. “The government's cash squeeze suggests that misappropriation of public resources is continuing apace. Normal budget accounting is nonexistent, and bank officials cannot understand how the government can be broke, especially because it has directly received some of the oil money, about $38 million, for its general budget. Allowing the government to take money from the London escrow fund might only invite further waste and would set a terrible precedent for future projects in the oil and mining sector, bank official’s fear, by signaling that such "ring-fencing" arrangements don't work.” (Paul Bluestein, Washington Post) The two least corrupt countries in the world are Iceland and Finland. The geographical status and a small population are some factors that play a part in corruption not being a presence in these countries. These factors are more prevalent in other larger nations with a diversified economy and a more complicated administrative system. There are situations occurring in Iceland that can raise the perception for businesses to engage in corruption activities. Finland has been ranked for years as one of the least corrupt countries in the world. The presence of corruption in this country is considerably low. “However astonishing it may be, according to international studies the prominence of women in political decision-making and in higher public offices correlates with low corruption levels. Finland has been for a long time, along with Nordic Countries, a pioneer of gender equality.” (Office of The Prosecutor General) Bangladesh and Chad both are known for activities involved in corruption. This can be due to poor governance. Governance is the system of manner of the government. Bangladesh and Chad are also two of the poorest countries in the world. Bangladesh and Chad have a widespread of corruption due to low wages paid to civil servants. Both countries face bribes and the misuse of power. Corruption continues to threaten the development of these two countries. Iceland and Finland are two countries that are considered to be Nordic countries. Nordic countries run budget surpluses and have known low levels of public indebtedness. These governments do not waste valuable time on corruption, because they invest heavily within education, infrastructure, and in the broad array of social services. Unlike Bangladesh and Chad, good governance is present within Finland and Iceland. The trend for corruption is very much alive in both Bangladesh and Chad. “As a social process, therefore, corruption is everywhere in Bangladesh. It is present, for instance, in the process of political patronage, and/or the socio-political institutional arrangement called a patron-client relationship, through which public resources are...

References: 3. Bluestein, Paul (2005). Washington Post: World Bank’s Wolfowitz faces corruption in Chad. Funding for pipline at stake, retrieved 25 February 2008, from http://www.sf gate .com/cgi-bin/article.
5. Ferrell, Fraedirich, and Ferrell. (2008). Business Ethics: Ethical Decision Making and Cases, The Importance of Business Ethics.
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