Effect of Corupption

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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.

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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