Corruption is dishonest behavior by those in positions of power, such as managers or government officials. Corruption can include giving or accepting bribes or inappropriate gifts, under-the-table transactions, manipulating elections, diverting funds and defrauding investors. One example of corruption in the world of finance would be an investment manager who is actually running a Ponzi scheme.

1. IMPACT OF
CORRUPTION ON
SOCIETY & ECONOMY
Presented By-
Tanibhra Datta
Roll No-199

2. Corruption
• Corruption is dishonest behavior by those in
positions of power, such as managers or government
officials.
• Corruption can include giving or accepting bribes or
inappropriate gifts, under-the-table transactions,
manipulating elections, diverting funds and
defrauding investors.
• One example of corruption in the world of finance
would be an investment manager who is actually
running a Ponzi scheme.

3. Scales of Corruption
• Petty corruption-corruption that occurs as
small favors between a small number of
people
• Grand corruption-corruption occurring at the
highest levels of government
• Systemic corruption-corruption which is
primarily due to the weaknesses of an
organization or process

4. Impact of Corruption
• On Society
• On Economy

5. Impact of Corruption on Society
• Lack of quality in services-

6. Impact of Corruption on Society
• Lack of proper justice

7. Impact of Corruption on Society
• Chances of Unemployment

8. Impact of Corruption on Society
• Poor Health and hygiene
• Pollution

9. Impact of Corruption on Society
• Accidents
• Failure of genuine research-

10. Impact of Corruption on Society
• Disregard for officials
• Lack of respect for rulers
• Lack of faith and trust on the governments

11. Impact of Corruption on Economy
• Decrease in foreign investment
• Delay in growth

12. Impact of Corruption on Economy
• Lack of development

13. Impact of Corruption on Economy
• Differences in trade ratio’s-