Corruption Is Barrier to Development in Pakistan

Political corruption is a major problem in the US today. It involves almost all levels of government and affects people from all walks of life. Public office is a noble post and citizens put their trust in government officials to carry out their constitutional duties for the benefit of the citizenry. The problem comes in where both elected and unelected officials perform their duties with the goal of personal gain in full view of the law. The ethical and moral wrongs of corruption are unjustifiable in any context.

1. Honest Graft and Dishonest Graft- When Plunkitt was tipped off about something in the city or someone wanting to built a park or something, he sees the opportunity and he takes it. He buys up the land before they do. When they see that they are going to need the land, he sells it to them at a much higher price than what he paid for it, giving him a nice profit. That is honest graft. Several politicians are accused of stealing dollars from the state’s treasury, this is an example of dishonest graft.

Someone who is abusing the power that is given to him or her defines corruption, however, the word in its self is more than a simple idea; it is an intricate network. Since people’s views about ethical and moral behavior affect the way corruption is examined, the word has a slightly different meaning to each person. Additionally, misconduct across various societies is viewed differently due to social and cultural borders. The criminal justice system has had many instances where corruption had affected the outcome of a case and has inserted itself into the legal process.

Kleptocracy is defined as a state controlled to benefit an individual or small group who use their power to gain “a large fraction of society’s resources” to use for themselves. Kleptocracy “obstruct[s] development” of countries because the money taxpayers entrust to further develop their country through projects such as schools or infrastructure, becomes diverted to certain people for their own personal gain. Daron Acemoglu, Thierry Verdier, and James A. Robinson, writers for the Journal of the European Economic Association, established that kleptocracy runs rampant in “many developing countries.” As a result of this corruption, countries suffer “highly inefficient economic policies” and “expropriated the wealth of their citizens.”

First, it is important to define what corruption is. The term, “corruption” covers a broad range of human actions,

Bribery – it’s a form of corruption. This is the straightforward use of financial muscle to gain unfair advantage over others. An example would be attempting to gain planning permission by giving

India’s domestic business has seen high levels of corruption; more commonly the fraudulent behaviours and bribery of government officials and civil servants. This creates an unlevel playing field between domestic business and foreign business. Evidently this seemingly small issue of corruption could potentially tarnish India’s position as favoured destination of foreign investment (Mendiolaza, 2012).

Corruption has been seen as a major obstacle of rapid economic growth and development. It is a complex phenomenon whose roots lay in political and bureaucratic institutions and affects the economic growth of different countries. It makes the governments intervene where they do not need to, and it weakens the ability of the government to enact and implement policies in areas in which government intervention is needed. Over the years, the dispute of the economic consequences of corruption on economic growth has been a topic of analysis. The analysis is focused on the effect of corruption on economic growth. Several studies have generally found a negative correlation between corruption, economic growth, inequality, governance, income distribution and business environment. At the same time also some positive correlation with economic growth has been found to exist.

It would be convenient to start this research paper by stating that corruption is a challenge mainly for businesses in developing countries and that it is unrelated to the current affliction of the economy in the United States. It would also be convenient to claim corruption has declined in America as a result of awareness raising campaigns and the numerous anti-corruption laws. But none of those aforementioned statements would be true. Corruption is not the exception, but rather the rule in today’s business practices. In 2004, Daniel Kaufmann, a senior fellow at Brookings Institution and former director at the World Bank, calculated an index of "legally corrupt" manifestations which is defined as the extent of undue influence

Corruption. What is corruption? Corruption is dishonest or illegal behavior by powerful people, such as government officials

Political corruption has existed throughout the ages. It believed to be most prominent in positions of power, because of the role money plays in getting people power. However, over the centuries, corruption has changed so much so as to not match a particular definition of corruption, perpetually growing deceptively harder to find (Ebbe).

So what is Nepotism? Nepotism is can be simply referred to the act of favoritism to a relative family member. It is typically associated in a negative light which runs down to employment, federal work, and other places. In essence, nepotism is everywhere. In politics, it holds no place. However there is reason to believe that patterns of a relative in the field are acts of nepotism.

Corruption is a complex political, social, and economic anomaly that negatively affects developing and developed countries. It weakens democratic institutions, holds economic development, widening the rich-poor gap and certainly leads to governmental instability. The World Bank definition of corruption states that “…the abuse of public office for private gain”.

Background: Corruption is the use of entrusted power for private gain as defined by the United

All of us are aware of the fact that the country, whom we love so much has been in the clutches and the diabolical jaws of the virus, called corruption. Corruption in India is the main cause of its every failure. Every developmental project and the defense requirements are being overshadowed by the corrupt officials. Even the very magistrates who are believed to be the axis of the law are