Corruption: Greatest Obstacle to Growth and Development of Our Nation Essay Example

and democratic values such as trust and tolerance. Corruption undermines economic development by generating considerable distortions and inefficiency. Where corruption inflates the cost of business, it also distorts the playing field, shielding firms with connections from competition and thereby sustaining inefficient firms.

Corruption facilitates environmental destruction. Corrupt countries may formally have legislation to protect the environment; it cannot be enforced if officials can easily be bribed. The same also applies to social rights worker protection, unionization prevention, and child labour. Violation of these laws and rights enables corrupt countries to gain illegitimate economic advantage in the international market.

The scale of humanitarian aid to the poor and unstable regions is highly vulnerable to corruption, with food aid, construction and other highly valued assistance as the most at risk.Food aid can be directly and physically diverted from its intended destination, or indirectly through the manipulation of assessments, targeting, registration and distributions to favour certain groups or individuals. Corruption can also affect the various components of sports activities involved in anti-doping controls, members of national sport federation and international committees deciding about the allocation of contracts and competition places.Hence, in overall we find out that corruption not only attacks the moral fibre of our society and the integrity of our markets, but it also conflicts with the core principles on which a democracy is based. Therefore, our commitment to our ethical values and our strategic vision demands that we should not tolerate any form of corruption in our nation and prevent it before it gains a firm grip over the nation.

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