Corruption has dire global consequences, trapping millions in poverty and misery and breeding social, economic and political unrest.
Corruption is both a cause of poverty, and a barrier to overcoming it. It is one of the most serious obstacles to reducing poverty.
Corruption denies poor people the basic means of survival, forcing them to spend more of their income on bribes. Human rights are denied where corruption is rife, because a fair trial comes with a hefty price tag where courts are corrupted.
Corruption undermines democracy and the rule of law.
Corruption distorts national and international trade.
Corruption jeopardises sound governance and ethics in the private sector.
Corruption threatens domestic and international security and the sustainability of natural resources.
Those with less power are particularly disadvantaged in corrupt systems, which typically reinforce gender discrimination.
Corruption compounds political exclusion: if votes can be bought, there is little incentive to change the system that sustains poverty.
The conclusion - Corruption hurts everyone.
Sunday, December 9, 2007
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