Published: 18 December 2006
Corruption is a global problem. It is nothing new, nor is it peculiar to any particular context. It exists in greater or lesser degree in all countries of the world, irrespective of political and economic system, big or small, developed or developing. Corruption is an insidious menace that breeds and increases injustice and poverty. It prevents development, undermines democracy and governance.
Corruption prevents rule of law, distorts market and stifles economic growth. It creates and perpetuates social and economic deprivation and inequality, and leads to violation of basic constitutional and human rights. Corruption breeds crimes, social frustration, discontent and insecurity. It limits citizen’s access to basic public services.
The inherent bias of corruption against the poor is widely acknowledged. Corruption, by its very nature, is about undermining of fairness and competition, and about disproportionality and inequality. By limiting growth and development and discouraging investment corruption also reduces the scope and prospect of poverty reduction. In addition, while corruption affects everyone, the poor are more vulnerable especially because they are easy victims of bribery, extortion and intimidation.