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Essay / Corruption - 773
Corruption is a phenomenon at the intersection of law, economics and politics. In fact, in recent years, corruption has attracted renewed interest among academics and government. Indeed, with the end of the Cold War and the policy of “conditionality”, donors endeavored to extend their development aid on the basis of good governance. It has also increased agencies' concern about the effects of corruption on economic performance. The increase in recent years in the number of countries with democratic systems and media freedom have created an environment in which discussing corruption is no longer a taboo. International financial institutions and non-governmental organizations have helped to raise awareness of the economic costs of the phenomenon. With globalization, the frequency of contacts between countries where corruption is endemic has increased. In this article I will talk about the growth of corruption, the factors that have favored it, its effects and how to fight this monster. Corruption is a phenomenon that did not appear yesterday, but several years ago. Historically, corruption is a concept applied to both political behavior and sexual attitudes. Like the Latin term Corruptus, the word corrupt evokes images of evil, factors of destruction. However, definitions are not static. The most popular and simplest definition of corruption is that it is the abuse of public power for private gain. This is the definition used by the World Bank (Tanzi 8). In A (Very) Brief History of Corruption, Bernard Wasow informed the conference that recent research has revealed that an earthquake of a given magnitude is particularly devastating where corruption is particularly virulent. Indeed, in a highly corrupt society, it is necessary to adopt the necessary legal frameworks and encourage a credible anti-corruption culture. Commitment at the highest level, as you know, is important but not sufficient. Another essential prerequisite is to remove corrupting components. We are talking about a wide range of policies and measures. Let me conclude by highlighting an excellent conclusion. In order to achieve the desired result, i.e. the fight against corruption; we must introduce fundamental reforms. The basis of the reform package is to have real ethics in society, and not just a mechanical recipe for things to do. Works Cited Vito, Tanzi. "Corruption in the world.", May 1998. PDF file Wasow, Bernard. "A (very) brief history of corruption". The Globalist.com, March 10, 2011. Web. March 19. 2014. Ray, Linda. “The effects of corruption on business”. Smallbusiness.com. Internet. March 19. 2014.