Corruption In Developing Countries

Decent Essays

Corruption defines the phenomenon in which a person who is in the position of authorities abuses power to acquire private benefits. Widespread of bribery have substantial detrimental effects on governments, firms, and the broader stakeholders in which it takes place. Corruption scandals reported in China, Pakistan, Egypt, South Africa and elsewhere draw a high attention on the corruption, especially in developing countries. Although in the past few decades, governments introduced a series of policies to prevent the fraud, it’s still hard to eliminate the corruption indeed. The article “Coping with corruption in foreign markets” points out several factors which will lead to corruption. The first one is the weak institutional systems, in another word, the lack of powerful committee to supervise the behaviors of government officials. In the case of “Forty Chinese Police to five-star Bali Conference: SCAM”, the long-term relationship “guanxi” between Chunlee and Zhou brought them a bunch of benefits. However, all these changed while Xi Jinping, the new president of China, took office with his Disciplinary Committee, which aimed to wipe out corruption in China. Until now, a large part of government officials was arrested no matter how powerful they are. Usually, the majority will choose to keep silence when they find the corruption around them in that there is no trust whistleblowing system for people to report these unethical behaviors. To hear more voice from the public,

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