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Similarly, small developing countries will have small domestic markets and very small labor markets, this means foreign investors have less access to the local corrupt business.Combination of these factors shows the difference between large and small corruption among the developing nations.Political corruption is not restricted to authoritarian systems, it maintains link between authoritarianism and political corruption.
Corruption is found almost everywhere and on everything, starting from paying bribes to civil servants for his favor of work to the leading politicians and bureaucrats use the public power to their personal end.
Corruption attacks the morality of the justice that damages the society.
Singapore, Malaysia, Hong Kong have very less population , but have very high growth rates even compare to countries of huge population like China, India Mexico have very low growth rates. This definition shows clearly the involvement of the state and state agents in corruption.
Political corruption: In the definition shared by many political scientists, political corruption is any transaction between private and public sector actors through collective goods are illegitimately converted into private regarding payoffs. Political corruption mainly takes places in high level of political system, usually decision-makers.
The country with large human resource will be affected by corruption much faster as compare to less populated country, because government in large developing countries will be focusing on import substitution policies for longer periods of time than in smaller developing countries.
Essay Writing On Anti Corruption
This will influence the foreign investors to accept the corruption as a way doing their business, that will influence them to access to local goods and cheap labor markets.You can view samples of our professional work here.Any opinions, findings, conclusions or recommendations expressed in this material are those of the authors and do not necessarily reflect the views of UK Essays.Private corruption: This is a form of corruption where the money or benefits are collected and privatized for an individual.In this corruption individualist share every little percentage of benefits with his equals, or with particular group with some unity and coherence.Corruption has strong and more strong inclination for collectivization.It is mainly because to keep quiet, which is much easier way rather than blow the whistle and inform.Private, individual nature of corruption is commonly inclined because of the illegal nd surreptitious nature of corrupt transactions.Private corruption have some personal benefits for the corrupt actor or his family or his friends. Because corruption is more deliberate way of resource extraction for the benefits of a collection of members in a institutions.Corruption is a slow poison which kills the constitution, the society and the economy of developing nations.In other words corruption is one of the biggest challenges faced in the contemporary world which clearly shows the difference between good and bad government,.