Corruption In Developing Countries

1040 Words5 Pages
Corruption in developing countries like India continues to be one of the greatest factors of poverty, development and internecine conflicts. Most of the developing countries continue to grapple with the ever changing trends in global politics, economic and technological advancements having little or nothing to do due to the debilitating effects of corruption on their very existence. Corruption exists in various forms such as bribery, systemic corruption, discretion, favouritism & Nepotism, deceitful, bureaucratic, electoral, sexual etc. Causes of corruption are usually a mix of greed, poverty, poor remuneration, unemployment, high cost of living, poor leadership, moral decadence, poor law enforcement, cultural reasons, lack of accountability, ineffective reporting systems, job insecurity, and lack of an independent and effective judiciary. The effects of corruption are perverse and broad. Corruption has implications that are economic, financial, social, political and environmental. Some effects are not necessarily discernible until much later-a scenario which makes it more difficult to detect and correct. It leads to inter-generational transfer of poverty, inequality, debt burden and unequal distribution of resources. It’s important that every citizen should understands the cause, impacts, effects and magnitude of corruption in addition to each individual taking up a delicate and deliberate stand against corruption. Corruption erodes the elements of humanism and dignity
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