Essays
Business Studies Research Task
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Corruption Prepared for: Reddam House Atlantic Business Studies Department Date: 28th of February
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Proposal #: How does corruption in South Africa affect the economy?
Luke Kilian
Contents
Cover Page | Page 1 | Table of contents | Page 2 | Introduction | Page 3 | Review of literature | Page 4-8 | Methodology | Page 9 | Processing of findings | Page 10-13 | Conclusion | Page 14 | Reference list | Page 15 |
Introduction
How does corruption in South Africa affect the economy? In dealing with this multifaceted question, all aspects have to be taken into account and focused on separately. These aspects will contribute in illustrating the negative impact that corruption has on not only our economy, but also our country. Chapters of our business curriculum that will be incorporated in research are Ethics, Public and Private sectors, Micro Environment, Legislation.
Corruption has been described “as the abuse of public office for private gain.” This refers to a gain of any sort such as a gain in finance, in status- by an individual or a group. It includes bribery, patronage, nepotism, embezzlement etc…
These various forms of corruption have ultimately been to our economies detriment and have impeded on socio-economic rights, investment (foreign or not) and growth. Overall these are but just a highlighted few of the factors that contribute to the decay of the South African economy and therefore South Africa itself. Further research will be discussed on the pages to follow.
Review of Literature
Article commenting on the impact of corruption on governance and social-economic rights. (summarised).
Corruption impedes a state’s ability to use its available resources to progressively achieve the full realization of [socio-economic] rights because
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Corruption Prepared for: Reddam House Atlantic Business Studies Department Date: 28th of February
-------------------------------------------------
Proposal #: How does corruption in South Africa affect the economy?
Luke Kilian
Contents
Cover Page | Page 1 | Table of contents | Page 2 | Introduction | Page 3 | Review of literature | Page 4-8 | Methodology | Page 9 | Processing of findings | Page 10-13 | Conclusion | Page 14 | Reference list | Page 15 |
Introduction
How does corruption in South Africa affect the economy? In dealing with this multifaceted question, all aspects have to be taken into account and focused on separately. These aspects will contribute in illustrating the negative impact that corruption has on not only our economy, but also our country. Chapters of our business curriculum that will be incorporated in research are Ethics, Public and Private sectors, Micro Environment, Legislation.
Corruption has been described “as the abuse of public office for private gain.” This refers to a gain of any sort such as a gain in finance, in status- by an individual or a group. It includes bribery, patronage, nepotism, embezzlement etc…
These various forms of corruption have ultimately been to our economies detriment and have impeded on socio-economic rights, investment (foreign or not) and growth. Overall these are but just a highlighted few of the factors that contribute to the decay of the South African economy and therefore South Africa itself. Further research will be discussed on the pages to follow.
Review of Literature
Article commenting on the impact of corruption on governance and social-economic rights. (summarised).
Corruption impedes a state’s ability to use its available resources to progressively achieve the full realization of [socio-economic] rights because