Ill-effects of corruption - The Hindu BusinessLine.
It is this paper's aim to provide a reassessment and a comprehensive state-of-the-art survey of existing literature on corruption and its causes and effects. A particularly strong focus is put on.
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Corruption And Corruption Of Corruption. Political corruption has been a topic evaded by political scientists for an unsettling amount of time. It is not because of mere incompetence or lackadaisical demeanor, but it is because corruption itself has not been truly acknowledged for its importance or simply for the fact that there are other problems of higher priority than that of corruption.
It has cankered into the very vitals of India society, distorted all values, and made mincemeat of truth, virtue and morality It has grown to such gigantic proportions that there is hardly any sphere of social, political, economic and even religious activity that is free from dismal touch of graft, deception, trickery, treachery and corruption of some kind.
The corruption-inducing effects of the purchase, by the rich countries and their international corporations,. then southern governments proved their inability to control money because they accepted the ill-advised projects in the first place. Thus, if money is released by debt cancellation, it must be controlled by agencies which promoted those failed projects. This is the logic that says.
This essay argues that corruption is, at its core, a failure of individual and institutional accountability that allows officials to divert public resources from their intended uses.
Most scholars agree that all of the major impacts of corruption are negative. Corruption makes economic growth more difficult, increases inequality, and makes it harder for true democracy to develop.