Topic > Corruption - 773

Corruption is a phenomenon at the intersection of law, economics and politics. In recent years, in fact, corruption has renewed its interest among the academic world and the government. Indeed, with the end of the Cold War and the politics of "conditionality", donors have worked to spread their development aid on the basis of good governance. Furthermore, this has increased agencies' concern about the effects of corruption on economic performance. The increase in the number of countries with democratic systems and media freedom in recent years has created an environment in which discussing corruption is no longer taboo. International financial institutions and non-governmental organizations have contributed to awareness of the economic costs of the phenomenon. With globalization, the frequency of contacts between countries where corruption is endemic has multiplied. In this article I will talk about the growth of corruption, the factors that promoted it, its effects and how to fight this monster. Corruption is a phenomenon that was not born yesterday, it appeared several years ago. Historically, corruption is a concept that has been applied to both political behavior and sexual attitudes. Like the Latin term Corruptus, the word corrupt evokes images of evil, factors of destruction. However, definitions are not static. The simplest and most popular definition of corruption is that it is the abuse of public power for private gain. This is the definition used by the World Bank (Tanzi 8). In A (Very) Brief History of Corruption Bernard Wasow informed those present that recent research has found that a large earthquake is particularly devastating where corruption is particularly virulent. This is because in highly corrupt societies......middle of paper......adopt the necessary legal structures and encourage a credible anti-corruption culture. Commitment at the highest levels, as you know, is important but not sufficient. Another fundamental prerequisite is to remove damaged components. We are talking about a wide range of policies and measures. I end by highlighting a great conclusion. To achieve the desired result, i.e. the fight against corruption; we must introduce fundamental reforms. At the basis of the reform package there is a real ethic of society, not just a mechanical recipe of things to do. Works Cited Vito, Tanzi. "Corruption in the world.", May 1998. PDF fileWasow, Bernard. "A (very) brief history of corruption". The Globalist.com, March 10, 2011. Web. March 19. 2014. Ray, Linda. "The effects of corruption on businesses". Smallbusiness.com. Network. March 19. 2014.