Corruption

Argumentative Paper on Corruption: Costs, Measures, and Fighting


Argumentative Paper on Corruption: Costs, Measures, and Fighting


Corruption : Cost, Measures and Figthing

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Corruption is the abuse of public power for private benefit. occurs if a official has the power to grant or withhold something of value and--contrary to laws and normal procedures--trades this thing of value for a gift or reward. Among corrupt acts, gets the most attention, but corruption can also include nepotism, official theft, fraud, certain patron-client relationships, and extortion.

Examples of corruption would include in which a high-level government official accepts cash bribes from firms to reduce competition from imports, middle-level favor suppliers who promise them jobs after they leave government , a judge rules in favor of an organization because it employs his child, a customs official speeds up the administrative processing of an import shipment in return for receiving part of the shipment, or a junior health inspector accepts free meals to ignore a restaurant's sanitary violations. Some researchers extend the definition of corruption to include violations of private trust such as insider trading. Although it is sometimes difficult to draw a clear line between where public corruption ends and private violations begin, the usual understanding is that corruption is limited to violations of public trust.