This country has a larger Muslim population than any other country in the world with 88% of their population practicing the Muslim faith. Islam, the religion of most embraced by the Indonesian people, openly opposes to any condition of the violation of good ethics, such as bribery and do support the efforts to eradicate bribery. Surprisingly, in countries where the largest number of highly religious people, bribery is widespread. Still and all, this predominantly Muslim state should be very embarrassed by the fact that Indonesia is still measured one of the world's most corrupt countries among the ten most corrupt countries listed in the 2012 Corruption Perceptions. Even though Indonesia has some laws and regulations that could be used to annihilate bribery, the country has largely unsuccessful to overcome this issue.
Corruption can be found anywhere at any time. Even dating back to the Mesopotamia Era, there has been corruption found within society. Nowadays, however, corruption has been mostly discovered in the government. Even though numerous countries’ governments are filled to the brim with corruption, Mexico’s corruption is a major world concern because it affects superpowers. Corruption within Mexico’s government is mainly due to the long drug war and police officers betraying the system.
A study shows, India ranked 85th among 175 countries in 2014 (timesofindia.com, Dec 3, 2014). Cash, crime and corruption are the three pillars on which Indian democracy stands today (Surinder K. Shukla, 1994: 404). Muscle and money power control the election of representatives who run the governance and on whose hands depends the animation of public authorities and bureaucrats. Political parties are increasingly dominated by kin and nepotistic networks (Mukulika Banerjee, p.46). Finding
Corruption plays a major negative factor facing the “emerging market” in respect to intellectual property (IP). Corruption is “the abuse of entrusted power for private gain.” There are two (2) types of corruption: (1). Grand Corruption. Grand corruption consists of acts committed at a high level of government that distort policies or the central functioning of the state, enabling leaders to benefit at the expense of the public good; (2). Petty
The levels of corruption in the country are relatively high compared to the West, however, not higher in comparison to its neighbours. The culture of corruption in these countries could be an explanation of this phenomenon. Generally speaking, this is how the native people perceive corruption. It might look strange to foreigners, but in most ex-Soviet countries, bribing has become part of the everyday life of the ordinary people. Many would go even further saying that they do not perceive it as something illegal but simply as a medium to get work done quicker, more effectively.
Corruption is one of the main problems of a government, but first, what is Corruption? Corruption is where the money was involved, when an authority more specifically the politicians abused their power for their own private interests and benefits. Public officials who act corruptively with their moral obligation to provide service for the government and the public. (Shera, Dosti & Gravoba, 2014) Does developed nations are secured from it? The answer is no, Corruption does not depend on the status of a government or country.
Costs of Financial Corruption Financial corruption is a crime that causes victims. Its human costs is heavy. As FIFA money disappear, it hinders social grassroots programs of funding, theft of state funds cause many to endure poverty for years. Rich countries are victims too as financial corruption thwarts competition and innovation, adds to the cost of doing business around the world which in turn undermines the global economy and is equivalent to a 20% tax on foreign
Since India’s independence, the subject of poverty in India has remained a major concern. According to the common definition of poverty, when a person can no longer meet the required levels to maintain specified standard of living, they are considered poor .This becomes apparent after just a short amount of time spent in the country. For example, states such as Goa, Delhi and Punjab have relatively low poverty ratios whereas 38% of the population of Bihar and Orissa live below the poverty line, the figures are even worse for Calcutta and Maharashtra pushing nearly 50%.The poverty and situations that people are forced to live in coupled with the burning desire to survive have resulted in people doing some unimaginable things to stay alive .Some sources suggest that now almost 60% of the world poor now call India home. It is also the country with the highest rate of Malnutrition among children under the age of 36 months: a massive
India ranks on 90 put of 180 countries where corruption is highest at the administrative level. Corruption has severely affecting the economic growth of India despite having the potential to grow in every industrial and service sector. Also the negligible effort of the Indian government to fight against corruption in India is another cause that heightened the spread of corruption at every level of the society (Poverties.org,
1 Introduction Corruption has a deterrent effect on economic growth of a country; as such countries normally lose their businesses credibility and investors’ confidence as well. It also leads to unequal distribution of wealth resulting in majority of the populace being poor leaving wealth in the hands of few. Funds that could have been used for developmental purposes for benefit of the entire nation are used for private gain. According to Ian McCartney “Corruption affects every country; what many people see as a way to get things done is, in fact a crime. Every year, over US$1 trillion is paid in bribes with devastating consequences.