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7/30/2019 Effect of Corupption
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EFFECT OF CORUPPTION
Corruption produces a very bad effect on the society.
1) It destroys the ethics and the values of the society. Corruption makes the people
to do every type of bad thing. People will not have moral value becuase of thecorruption.if they have money they will do anything that wrong.
2) Due to corruption people do not perform their duty well. There are many examples
of corruptions lying in our society. We often see, when a common citizen violate a
law, police arrest him. But as he offers bribe to the officer, he immediately release him
after taking the bribe from him. This shows that the police officer is corrupt and he not
performing his duty well. Like wise our courts are not fulfilling their duty in a well
manner. If you have money, you can make the judge take decision in your favor. In
this way the innocent is punished and the culprit released.Others effect of corruption
in Malaysia is reduced public trust in government increase vulnerability of the
poor.
3) Corruption may also result in negative consequences such as encoring
cynicism and reducing interest of political participation , political instability ,
reducing political competition, reducing the transparency of political decision
making, distorting political development and sustaining political activity based
on patronage, clientelism and money, etc.
4) The economic effects of corruption can be categorized as minor and major.
However, both in one way or the other have serious impact on the individual
community and country. First and foremost, corruption leads to the depletion
of national wealth.
5) It is often responsible for increased costs of goods and services, the funnelingof scarce public resources to uneconomic high profile projects at the expense
of the much needed projects such as schools, hospitals and roads, or the
supply of potable water, diversion and misallocation of resources, conversion
of public wealth to private and personal property, inflation, imbalanced
economic development, weakling work ethics and professionalism, hindrance
of the development of fair in market structures and unhealthy competition
there by deterring competition. Large scale corruption hurts the economy and
impoverishes entire population.
7/30/2019 Effect of Corupption
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Corruption that reduces governance capacity also may inflict critical collateral damage: reduced
public trust in government institutions. A declines, research has shown that vulnerability of the poor
increases as their economic productivity is affected. The concept of social capital refers to social
structures that enable people to work collectively for the good of the group.20 One of the most
important and widely discussed elements of social capital is trust, both interpersonal trust and trust
in institutions of governments trust an important element of social capital --Recent research on social
capital suggests that there is a relationship between corruption, trust and poverty. The proposition is
that corruption destroys peoples trust in government and other institutions. This effect is most
salient for the lowest income groups and low social capital affects peoples willingness and ability to
engage in productive activity.
Destroys the ethics and the values
Lack of Performance
Negative consequences
Economic effects