What is corruption? Corruption is the abuse of entrusted power for private gain. It is damaging to a country because decisions are taken not for the public benefit but to serve private interests. Corruption undermines good governance‚ fundamentally distorts public policy‚ leads to misallocation of resources‚ and particularly hurts the poor. There is a case in 29th July 1995‚ where the collapse of the Sampoong Superstore in Seoul‚ South Korea‚ represents an example of a structural collapse attributed
Premium Ethics Engineering Engineer
Police Corruption happens all around the world‚ and it has been going on for many years now. Police Corruption is a very large problem many local agencies face every day in the United States. Police corruption is defined as the “abuse of police authority for personal or organizational gain by a police officer acting officially”. (Singh‚ 2007) I believe that Police Corruption is a serious abuse of police power and that the decisions made throughout the corruption hurt more people then the benefit
Premium Police Police brutality
Corruption in Banking The data for these findings include confidential and sensitive material elicited by TIB from retired public officials and managers. These so called "diagnostic reports" contain inside information and anecdotal evidence and give us insight into the nature and mechanism of corruption. A survey of consumers carried out by the TIB in 1998 provides corroborating evidence for the types of corruption suggested by the diagnostic reports. Of 620 households in the TIB survey of corruption
Premium Bank
taken to prevent corruption on the most corrupt continent of the world? Of the world’s most deceitful countries‚ Africa‚ with its underdeveloped growth and poverty in many regions‚ is considered the most corrupt. The two thirds of countries‚ that are measured most corrupt in the world‚ are located in sub-Saharan Africa. Millions of Africans today live below the poverty line because of the disease of corruption. The African continent will not be able to find a solution to corruption on condition that
Premium Africa Sub-Saharan Africa
Fighting Corruption in Malaysia SPA 501 FIGHTING CORRUPTION IN MALAYSIA A government‚ for protecting business only‚ is but a carcass‚ and soon falls by its own corruption and decay ~ Amos Bronson Alcott Corruption had always been a thorny issue for any government in the world. To a certain extent‚ the rate of corruption is considered as an indicator of how clean a particular country is. The level of corruption‚ or more accurately‚ the perceived level of corruption of a certain country is considered
Premium Political corruption Transparency International Inflation
Role of Media in Combating Corruption In our democratic system we have the role of three important organs i.e. Legislature‚ Judiciary and Executive. These organs of state are assigned with different roles viz. making laws‚ deciding legality or illegality and Implementation of laws respectively. These three arms of the democracy are given their respective areas to work on and with the sole objective of service of people or welfare of the common masses. The relative dependence or independence of
Premium Newspaper Social network service Government
113TH INTERNATIONAL TRAINING COURSE PARTICIPANTS’ PAPERS GRAFT AND CORRUPTION: THE PHILIPPINE EXPERIENCE Nelson Nogot Moratalla* I. INTRODUCTION This paper will present a condensed report on graft and corruption in the Philippines. Information was compiled by the author from documents‚ articles‚ newspaper clippings and other data gathered from the reports and journals of the Ombudsman and the Sandiganbayan‚ two of the constitutional bodies mandated by Philippine law to investigate and act on
Premium Political corruption Official Philippines
Econ Gov (2008) 9:245–263 DOI 10.1007/s10101-007-0033-4 O R I G I NA L PA P E R Causes of corruption: a survey of cross-country analyses and extended results Lorenzo Pellegrini · Reyer Gerlagh Received: 30 September 2005 / Accepted: 20 October 2006 / Published online: 23 February 2007 © Springer-Verlag 2007 Abstract We survey and assess the empirical literature on the sources of corruption Thanks to the improved availability of data‚ we are able to produce an improved cross-country econometric
Premium Regression analysis Transparency International Econometrics
Eight Questions about Corruption Jakob Svensson S ome years ago I interviewed the chief executive officer of a successful Thai manufacturing firm as part of a pilot survey project. While trying to figure out a good way to quantify the firm’s experience with government regulations and corruption in the foreign trade sector‚ the CEO exclaimed: “I hope to be reborn as a custom official.” When a well-paid CEO wishes for a job with low official pay in the government sector‚ corruption is almost surely
Premium Political corruption Gross domestic product Corruption
call himself "Man of Steel" for nothing‚ folks)‚ rising up from the lowly station of alcoholic’s son in Georgia to one of the biggest monsters in human history‚ supposedly killing more than Hitler. Exactly how did he do this? Why? And how did his corruption reach such extents as to do all this for power? Josef Stalin (originally named Josef Djugashvili) was born in Gori‚ a violent town in eastern Georgia‚ on the twenty-first of December‚ in 1878‚ to his parents Ketevan Geladze and Besarion Jughashvili
Premium Joseph Stalin Marxism Soviet Union