The Anti- Corruption Of Bangladesh

Speaking about corruption in the international realm was a taboo before the end of the cold war. But the end of the cold war has led to the consolidation of democracy, political stability, and respect for the rule of law, as well as effective development and expansion of open and competitive markets. In the recent years, especially from late 1980’s, the phenomenon of corruption has received a great deal of attention from the international community.

There are few nation-states that one could point to as being truly “corruption-free” (Denmark hosts the most corruption-free gov’t according to Transparency International’s 2014 Corruption Perceptions Index). However, this is a trait that holds back the growth of the whole of society, weakening the disadvantaged and emboldening the powerful. As Transparency International goes on to state:

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

Corruption can take many forms and can be found in many countries, but mainly in the emerging ones. The main form of corruption is the bribery in the form of payments demanded by the government or ministry officials in exchange for a favor (granting a service, awarding a business).Corruption affects all the businesses that interfere with the government, but studies have shown that certain industries are more exposed to it. These industries are construction, airline manufacturing, power plants, and oil and gas production.

ReferencesHolstrom, Gary & Ray, Thomas. PCAOB Standards-Setting Update Prepared for the Auditor's Report (Summer 2006). Retrieved on February 7, 2007, from http://aaahq.org/audit/Pubs/Audrep/06summer/item04.htmMcDonnell, Patrick. The PCAOD and the Future of Oversight. Retrieved February 7, 2007, from http://www.aicpa.org/pubs/jofa/dec2004/mcdonn.htmThe PCAOB. Annual Report for 2005 & 2007 Annual Budget. Retrieved on February 7, 2007, from http://www.pcaobus.orgWebCPA. Online Expo Center. Retriev

The corruptin is the abusive and inefficient use of resources by trusted powers for private gain. Corruption is not committed to the rule of law, justice, human rights and the integrity of public service, and it hurts every one who's life, livelihood, or happiness depends on the integrity of people in a position of authority.Some times it's devastating impact is more visible . The governance ,transparency ,and fighting corruption is so important to sustaine economic growth.

Ultimately corruption takes away from the total resource pie, which essentially takes away from the common populace. When a nation’s resources are fraudulently diverted, societal development and progress suffer across the board. Accordingly, nongovernmental organizations such as Transparency International concur with this assessment and also depict corruption as an anti-poor mechanism. Hence, corruption feeds into the cycle of poverty in developing nations, leaving the majority of wealth for the elite minority, while the majority of the populace lives in abject poverty. In the end, corruption and poor governance, combined with an abundance of accessible and valuable resources throughout the region provide ample motive for the generation of a power grab.

Corruption and money go hand in hand. Money is a motivating factor for corruption, and the transfer of money or other special benefits often finances corruption.

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

Ahmad N. (2002). Corruption and Government Regulations : An Empirical Analysis. The Bangladesh Development Studies , Vol. 28, No. 4 pp. 29-51.

Another important cause of unemployment in Bosnia and Herzegovina is corruption. At the end of each year, numerous organizations do researches related to corruption in Bosnia and Herzegovina. One of these organizations is Transparency International organization. According to Transparency International, Bosnia and Herzegovina is represented as the one of the most corrupted and the most undeveloped countries in Europe. The corruption rate in this country is calculated as 14.9% and it places Bosnia and Herzegovina as the 5th country on the list of corrupted countries. During last four years, this country records constant decrease in global corruption rate because the other countries involved in this survey showed high increase in corruption rate. Moreover, Divjak (2012) states that this country did not make any improvement or decline in corruption rate, so it represents stagnation in economy. Although the decrease is finally stopped, the result is disappointing because there is no desire of the government to overcome the corruption. According to Tomas (2004, p.141.)

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”.

Bangladesh is a developing country of southeast Asia. It is a country with a population of more than 150 million people. The government system is parliamentary government system. Bureaucracy is a important part of the government which works for the efficient and effective policy Implementation. Now a days corruption is seen every where in the society and for this bureaucracy can 't work properly. In this paper,l will try to find out the relationship between bureaucracy and corruption; try to find solution of this problem.

The Anti Corruption Commission (ACC) Bangaldesh was created through an act promulgated on 23 February 2004 that into force on 09 May 2004. The first set of office bearers were appointed on 21 November 2004. The following day, it commenced its journey with a mission, a vow to make a difference to the Nation 's anti corruption intitiatives and a fresh mandate. While its predecessor the Bureau of Anti