Review THE DEBILITATING IMPACT OF CORRUPTION ON DEMOCRACY AND GOOD GOVERNANCE: A CRITICAL ANALYSIS (original) (raw)

CORRUPTION: CAUSES, CONSEQUENCES AND REFORMS

Abstract The presented paper emphasis on the need to keep the issue of corruption squarely in view in the development agenda. It discusses the causes and consequences of corruption and reforms. Corruption is a worldwide phenomenon. Negative social and economic impacts of corruption has grown rapidly in both emerging economics and advanced democracies. Corruption tends to increase in a period of rapid and modernization and in a country where political opportunities are more than economic opportunities. It may not be possible to root out corruption at levels but it is possible to contain it within tolerable limits. Honest and dedicated persons in public life, control over electoral expenses could be the most important prescriptions to combat corruption. Corruption has a corrosive impact on our economy. It worsens our image in international market and leads to loss of overseas opportunities. Corruption can be eradicated from grass root levels when common man comes forward and takes pledge to work honestly and sincerely for the country. But the common man needs the support of good, honest, and efficient government to succeed in reducing corruption if not in eliminating it.

Corruption: A Review

Journal of Economic Surveys, 2001

As is increasingly recognised in academic literature and by international organisations, corruption acts as a major deterrent to growth and development. The aim of this survey is to organise and summarise existing theoretical and empirical work on corruption with a view to identifying opportunities for further research. The paper begins with a brief overview of key definitions of corruption, and then turns to a review of the factors that favour or deter the growth of corruption together with a brief look at related models. This is followed by an examination of the consequences of corruption for society, and the consideration of measures that might help to reduce corruption. The paper ends with suggestions for future research and includes summaries of data sources and key variables for use in this research.

Corruption: A malaise in Need of a Remedy

Technium Social Sciences Journal, 2020

The World Bank (1997) defines corruption as "Abuse of public power for private gain". Corruption is a complex phenomenon with its roots lying deep in bureaucratic and political institutions. Though it is an issue of governance, there are deeper- seated factors too and complex causes and the means to control it are not fully understood. It thrives best in countries where there is poor design of economic policies, underdeveloped civil societies, low economic development and weak accountability of public institutions; conditions which are mainly prevalent in less developed countries. Though systemic corruption may co-exist with strong economic performance, experience across the world suggests that corruption is not conducive to development and might result in inefficiency in resource allocation. In underdeveloped economies like Manipur, it can spawn discontent and spew distrust in the system and becomes the breeding ground of separatist, revolutionary and other movements, whi...

Corruption: Political and Public Aspects

Although there is fairly general agreement that corruption is a trans-systemic phenomenon endemic to all societies, regimes, and countries, and salient in different periods of the history of mankind, the study of corruption reveals a weaker consensus as to its definition, measurement, and explanation. Empirical studies constantly are faced with three major issues that may hinder further comparative understanding of the phenomenon. First, corruption lacks a precise definition or agreement upon its meaning. Like many other concepts in social sciences, corruption is volatile and subject to historical, social, and cultural connotations. Second, corruption is susceptible to variations across time and space. Its measurement, both in terms of volume as well as the standards qualifying that form of behavior, is prior to any attempt at explaining how the phenomenon expands, grows and mutates contextually. Third, without clearing the first two methodological steps, the empirical testing of a derived hypothesis is bound to show rather limited or disputed results.

The Corruption a Chronic Disease of Humanity: Causes, Effects and Consequences

Bielsko-Biala School of Finance and Law, 2023

Corruption is a persistent problem, especially in the developing world, posing significant obstacles to national development. This paper provides an overview of corruption, its causes, and strategies to address it. Stakeholders, including academics, development practitioners, international and UN agencies, as well as governments, must recognize the urgency of collaboration to combat corruption. This is an opinion paper based on desktop research. It will give an idea of how severe corruption is particularly in poor developing countries.

The Complex Phenomenon of Corruption: An Empirical Analysis

Theoretical Economics Letters, 2022

Corruption is a complex social, economic and political phenomenon, which exists in all countries. The structural characteristics of corruption differ between countries. The deeper roots of corruption depend on the individual conditions of each country, whereas they can be detected in bureaucratic tradition, economic development and social history, among others. At the policy level, the associated reform measures are inadequate if they are not supported by the appropriate institutional framework and good governance practices. However, in case policies that are applied in order to combat corruption fail, it evolves from occasional to endemic problems impeding the efforts to limit corruption. In addition, fragile institutional environments flourish the conditions strengthening systemic corruption, which has penetrated into the value system of societies.