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Running head: CORRUPTION 5
Corruption
Author’s Name
Institutional Affiliation
Corruption
Introduction
Corruption is a significant crisis that kills the power of the
constitution. Corruption diminishes the power of the society,
economy, and social welfare of the nation. There are minimal
chances of growth when corruption prevails. Thus, corruption is
one of the biggest challenges facing the USA and is clearly
shown by the form of administration. Factors that influence
corruption is more, and the effect varies depending on the
affected individuals. Typical corruption forms have taken way
to inform of mishandling of policies, public funds misuse, and
failure to submit to public growth projects. Current reports
show that corruption is prevalent in many public sectors
including but not limited to bribing of civil servants, misuse of
political power, and bureaucrats using public power in the
United States for a personal end.
Solution
s
Fighting corruption is a challenging task because individuals
involved have either political or economic power this providing
ways to manipulate the will of the weak. Regardless the report
highlights possible ways to solve the issue of corruption while
giving recommendations for implementation. First, it is possible
to address corruption by engaging the public. Teaching the
public about the effect of corruption would help combat the
problem. That is, each person should be encouraged to follow
the norms of the society and laws of the land (Olaguer, 2006).
Following stands of morality would ensure that each person is
watchful of individuals’ behaviors. Also, the public should
learn how to spot instances of corruption and take necessary
action when necessary. When the public is knowledgeable about
the consequences of corruption, it is easier to engage in public
participation in fighting the epidemic.
Next, corruption can be eradicated by employing a legal
strategy. The process involves engaging the law, the judiciary,
press, the police, and the media. By creating certainty and
involving the bodies mention, it would be easier to discriminate
corruption through justice. The legislature should be
encouraged to review the laws and make clear the aspect of
corrupt and corruption. Although the process might require
more time, it would help understand when an individual is
convicted of corruption (Heimann et al., 2008). Furthermore,
the public should have the power to report against corrupt
individuals in society without fear. While the legislature revises
the laws, judicial civil servants would have the ability to
sentence people from various social classes irrespective of their
impact on society.
Third, decentralization of power is an essential step towards
fighting corruption in the USA. This would give way for more
transparency in the public sectors, procurement process, and
budget process should be passed through mass media.
Best solution
Based on the time required to implement solutions, public
participation is the best solution. First, minimal resources
required to implement compared to the other solutions
recommended. Besides, the solution involves all citizens thus
its viability. When each person is knowledgeable about the
impact of corruption, it is easier to control its harm. On the
other hand, parties manipulating the public will be intimidated
exploiting individuals with an understanding of their harmful
practices. Also, the solution would ensure there exist
transparency between political leaders, business people, mass
media, and the public.
Recommendations
Fighting corruption is a challenging task and requires actively
engaging citizens and the ruling parties. Educating the mass
about the negative impact of fraud will help strengthen the fight
against the epidemic. Therefore, it essential for both
government and non-governmental bodies to initiate campaigns
aimed at educating the public. Regardless, maintaining ethical
would help individuals exercise self-discipline. Lastly, the law
should take its course when convicting individuals accused of
corruption.
References
Olaguer, R. J. A. (2006). Fighting corruption. España, Manila:
University of Santo Tomas Pub. House.
Heimann, F., Vincke, F., & International Chamber of
Commerce. (2008). Fighting corruption: International corporate
integrity handbook. Paris: ICC Pub. S.A.
Running head: CORRUPTION7
Corruption
Author’s Name
Institutional Affiliation
Introduction
Corruption is a global issue affecting nations globally. In
today’s society, there is faith in Americans that politics rank
higher regarding corruption matters. There are many aspects
associated with fraud, but politics and economic participants are
more engaged in fraudulent activities in the USA. From research
conducted across, united states, participants agreed that
corruption is more widespread among the federal government
and other corporate entities. The growths of a nation remain
stagnant when corruption is let to prevail. Therefore, addressing
the issues requires the active participation of citizens and
bodies trusted to deal with the dilemma. Corruption is not only
among the great challenges affecting administration in the
United States, but also a phenomenon declining the economic
growth and ability for investors to capitalize in the nation.
Background (what is known about the topic)
Corruption is among the epidemics in the United States. Many
citizens are victims of acts of corruption. Also, business, have
experienced a decline in profits since money lost in corruption
scandals must be recovered by subjecting business into higher
taxes. Political leaders are the main players in the corruption
sphere. Internal and external investors in the United States are
reported to avoid engaging in lucrative niches because of fear.
Individual are deprived of their rights because of money lost in
corruption occasion. Typically, poverty has grown in many
states characterized by cases on corruption. The states also have
a low level of investors compared to states having stable
economic growth and good governance. Furthermore, the report
highlights instances of corruption between different levels of
governance, from the president to the local authorities.
The purpose of the report (reason for report)
The report focuses on the impact of corruption on both internal
and external investment in a country. Investors tend to invest in
nations that have shown a significant stabilization concerning
peace. When a nation sustains peace, the chances of economic
growth are higher. Also, economic development adversely
affected by an unhealthy relationship between political leaders.
The report attests the importance of ensuring a country
maintains peace, which invites traction for many investors.
Regardless, the report highlights actions that a nation can take
to ensure that investors find the nation viable for business. A
stable government translates to stable economic growth. Also,
the piece integrates best way practices that a nation must
practice to ensure investors are retained. Moreover, the report
showcases how corruption acts as a major source of inequality,
and poverty.
Scope (what issues will/will not be covered)
The piece focuses on the impact of corruption on development
on a nation. First, the report outlines the reason behind the
decline in economic growth in a nation. The report provides
insight into how the economy of a country is negatively affected
by corrupt practices. It is important to understand that
corruption strikes the development sector and investment
potential. Thus, focusing the report in the two areas ensures that
there is contingency and fairness when addressing the problem.
Significance (rationale for the study)
Understanding the implications of corruption in the
development of a nation is an important aspect of achieving the
goals of a nation. Also, a business might end up in losses upon
investing in a politically unstable nation. He reports in
important that it provides insights on the ways a nation can
retain its economic viability from both internal and external
Thesis and Objectives (expected outcomes)
The report aims at providing a strong and systematic
implementation strategy for ensuring that the USA fights
corruption. Information about how corruption affects the
economy of a nation. Moreover, the piece aims to cover the
ways the nation can eradicate instances of corruption in the
country. Also, the report aims to answer the question of how
corruption activities can be eradicated to attain a sustainable
economic environment. Also, the report addresses the main
reason internal investor and potential external investors find it
difficult to investors in a nation experiences corruption.
Corruption is a killer of national economic growth. Corruption
erodes the face on a nation’s trustworthiness to outsiders who
are willing to invest in the nation.
Procedure(s) to be used in investigating the topic)
The study uses investigation of the relationship between
corruption and anti-corruption measures on the one hand, and
economic performance on the other. Moreover, analysis of the
manifold channels that the activity operates helps determine the
manner to create a recommendation on how to fight in the
problem in the future. The paper a clear understanding of the
complex factors that affect the nation regarding the effect of
this phenomenon. Indeed, the article shows that regardless of
the difficulty in showcasing a direct link between corruption
and the Gross Domestic Product (GDP) there exist negative
implications on the key growth channels in a nation. Corruption
has a negative implication on the efficiency of government
projects, entrepreneurship, as well as government expenditures
and revenues. Other factors affected by corruption include
economic development such as quality environment, safety
status, personal health, income distribution, and other various
civic and social capital or trust.
References
Ades, Alberto and Rafael Di Tella (1999), “Rents, competition,
and Corruption”, The American
Economic Review, Vol. 89, issue 4, pp. 982 – 993.
Aghion, Philippe, Nick Bloom, Richard Blundell, Rachel
Griffith and Peter Howitt (2005)
"Competition and Innovation: An Inverted-U Relationship",
Quarterly Journal of Economics, vol.
120(2), pp.701-728.
Ahn, Sanghoon (2002), Competition, Innovation and
Productivity Growth: A Review of Theory
and Evidence, OECD Economics Working Paper No. 317.
Aidt, Toke S. (2003), “Economic analysis of corruption: a
survey”, The Economic Journal,
Volume 113, Issue 491, pp. 632–652.
Aidt, Toke S. (2009), “Corruption, Institutions and Economic
Development”, Oxford Review of
Economic Policy, Volume 25, Number 2, 2009, pp.271–291.
Aidt, Toke, Jayasari Dutta, and Vania Sena (2008),
“Governance regimes, corruption and growth:
Theory and evidence”, Journal of Comparative Economics, 36,
pp. 195 – 220.
Al-Sadig, Ali (2009), “The Effects of Corruption on FDI
Inflows”, Cato Journal, Vol. 29,
No. 2, pp.267 – 294.
Andrews, Dan, Aida Caldera Sanchez and Âsa Johansson
(2011), Towards a Better Understanding
of the Informal Economy, OECD, Economics Department
Working Papers No. 873.
Avnimelech, Gil, and Yaron Zelekha (2011), The Effect of
Corruption on Entrepreneurship,
Copenhagen Business School, accessible at:
http://druid8.sit.aau.dk/acc_papers/1944qlhkqrqpnsq5gmkf4yvu
y4m2.pdf

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Running head CORRUPTION 5CorruptionAuthor’s Na.docx

  • 1. Running head: CORRUPTION 5 Corruption Author’s Name Institutional Affiliation Corruption Introduction Corruption is a significant crisis that kills the power of the constitution. Corruption diminishes the power of the society, economy, and social welfare of the nation. There are minimal chances of growth when corruption prevails. Thus, corruption is one of the biggest challenges facing the USA and is clearly shown by the form of administration. Factors that influence corruption is more, and the effect varies depending on the affected individuals. Typical corruption forms have taken way to inform of mishandling of policies, public funds misuse, and failure to submit to public growth projects. Current reports show that corruption is prevalent in many public sectors including but not limited to bribing of civil servants, misuse of political power, and bureaucrats using public power in the United States for a personal end. Solution
  • 2. s Fighting corruption is a challenging task because individuals involved have either political or economic power this providing ways to manipulate the will of the weak. Regardless the report highlights possible ways to solve the issue of corruption while giving recommendations for implementation. First, it is possible to address corruption by engaging the public. Teaching the public about the effect of corruption would help combat the problem. That is, each person should be encouraged to follow the norms of the society and laws of the land (Olaguer, 2006). Following stands of morality would ensure that each person is watchful of individuals’ behaviors. Also, the public should learn how to spot instances of corruption and take necessary action when necessary. When the public is knowledgeable about the consequences of corruption, it is easier to engage in public participation in fighting the epidemic. Next, corruption can be eradicated by employing a legal strategy. The process involves engaging the law, the judiciary, press, the police, and the media. By creating certainty and involving the bodies mention, it would be easier to discriminate corruption through justice. The legislature should be encouraged to review the laws and make clear the aspect of corrupt and corruption. Although the process might require more time, it would help understand when an individual is convicted of corruption (Heimann et al., 2008). Furthermore,
  • 3. the public should have the power to report against corrupt individuals in society without fear. While the legislature revises the laws, judicial civil servants would have the ability to sentence people from various social classes irrespective of their impact on society. Third, decentralization of power is an essential step towards fighting corruption in the USA. This would give way for more transparency in the public sectors, procurement process, and budget process should be passed through mass media. Best solution Based on the time required to implement solutions, public participation is the best solution. First, minimal resources required to implement compared to the other solutions recommended. Besides, the solution involves all citizens thus its viability. When each person is knowledgeable about the impact of corruption, it is easier to control its harm. On the other hand, parties manipulating the public will be intimidated exploiting individuals with an understanding of their harmful practices. Also, the solution would ensure there exist transparency between political leaders, business people, mass media, and the public. Recommendations Fighting corruption is a challenging task and requires actively engaging citizens and the ruling parties. Educating the mass about the negative impact of fraud will help strengthen the fight
  • 4. against the epidemic. Therefore, it essential for both government and non-governmental bodies to initiate campaigns aimed at educating the public. Regardless, maintaining ethical would help individuals exercise self-discipline. Lastly, the law should take its course when convicting individuals accused of corruption. References Olaguer, R. J. A. (2006). Fighting corruption. España, Manila: University of Santo Tomas Pub. House. Heimann, F., Vincke, F., & International Chamber of Commerce. (2008). Fighting corruption: International corporate integrity handbook. Paris: ICC Pub. S.A. Running head: CORRUPTION7 Corruption Author’s Name Institutional Affiliation Introduction
  • 5. Corruption is a global issue affecting nations globally. In today’s society, there is faith in Americans that politics rank higher regarding corruption matters. There are many aspects associated with fraud, but politics and economic participants are more engaged in fraudulent activities in the USA. From research conducted across, united states, participants agreed that corruption is more widespread among the federal government and other corporate entities. The growths of a nation remain stagnant when corruption is let to prevail. Therefore, addressing the issues requires the active participation of citizens and bodies trusted to deal with the dilemma. Corruption is not only among the great challenges affecting administration in the United States, but also a phenomenon declining the economic growth and ability for investors to capitalize in the nation. Background (what is known about the topic) Corruption is among the epidemics in the United States. Many citizens are victims of acts of corruption. Also, business, have experienced a decline in profits since money lost in corruption scandals must be recovered by subjecting business into higher taxes. Political leaders are the main players in the corruption sphere. Internal and external investors in the United States are reported to avoid engaging in lucrative niches because of fear. Individual are deprived of their rights because of money lost in corruption occasion. Typically, poverty has grown in many states characterized by cases on corruption. The states also have
  • 6. a low level of investors compared to states having stable economic growth and good governance. Furthermore, the report highlights instances of corruption between different levels of governance, from the president to the local authorities. The purpose of the report (reason for report) The report focuses on the impact of corruption on both internal and external investment in a country. Investors tend to invest in nations that have shown a significant stabilization concerning peace. When a nation sustains peace, the chances of economic growth are higher. Also, economic development adversely affected by an unhealthy relationship between political leaders. The report attests the importance of ensuring a country maintains peace, which invites traction for many investors. Regardless, the report highlights actions that a nation can take to ensure that investors find the nation viable for business. A stable government translates to stable economic growth. Also, the piece integrates best way practices that a nation must practice to ensure investors are retained. Moreover, the report showcases how corruption acts as a major source of inequality, and poverty. Scope (what issues will/will not be covered) The piece focuses on the impact of corruption on development on a nation. First, the report outlines the reason behind the decline in economic growth in a nation. The report provides insight into how the economy of a country is negatively affected
  • 7. by corrupt practices. It is important to understand that corruption strikes the development sector and investment potential. Thus, focusing the report in the two areas ensures that there is contingency and fairness when addressing the problem. Significance (rationale for the study) Understanding the implications of corruption in the development of a nation is an important aspect of achieving the goals of a nation. Also, a business might end up in losses upon investing in a politically unstable nation. He reports in important that it provides insights on the ways a nation can retain its economic viability from both internal and external Thesis and Objectives (expected outcomes) The report aims at providing a strong and systematic implementation strategy for ensuring that the USA fights corruption. Information about how corruption affects the economy of a nation. Moreover, the piece aims to cover the ways the nation can eradicate instances of corruption in the country. Also, the report aims to answer the question of how corruption activities can be eradicated to attain a sustainable economic environment. Also, the report addresses the main reason internal investor and potential external investors find it difficult to investors in a nation experiences corruption. Corruption is a killer of national economic growth. Corruption erodes the face on a nation’s trustworthiness to outsiders who are willing to invest in the nation.
  • 8. Procedure(s) to be used in investigating the topic) The study uses investigation of the relationship between corruption and anti-corruption measures on the one hand, and economic performance on the other. Moreover, analysis of the manifold channels that the activity operates helps determine the manner to create a recommendation on how to fight in the problem in the future. The paper a clear understanding of the complex factors that affect the nation regarding the effect of this phenomenon. Indeed, the article shows that regardless of the difficulty in showcasing a direct link between corruption and the Gross Domestic Product (GDP) there exist negative implications on the key growth channels in a nation. Corruption has a negative implication on the efficiency of government projects, entrepreneurship, as well as government expenditures and revenues. Other factors affected by corruption include economic development such as quality environment, safety status, personal health, income distribution, and other various civic and social capital or trust. References Ades, Alberto and Rafael Di Tella (1999), “Rents, competition, and Corruption”, The American Economic Review, Vol. 89, issue 4, pp. 982 – 993. Aghion, Philippe, Nick Bloom, Richard Blundell, Rachel
  • 9. Griffith and Peter Howitt (2005) "Competition and Innovation: An Inverted-U Relationship", Quarterly Journal of Economics, vol. 120(2), pp.701-728. Ahn, Sanghoon (2002), Competition, Innovation and Productivity Growth: A Review of Theory and Evidence, OECD Economics Working Paper No. 317. Aidt, Toke S. (2003), “Economic analysis of corruption: a survey”, The Economic Journal, Volume 113, Issue 491, pp. 632–652. Aidt, Toke S. (2009), “Corruption, Institutions and Economic Development”, Oxford Review of Economic Policy, Volume 25, Number 2, 2009, pp.271–291. Aidt, Toke, Jayasari Dutta, and Vania Sena (2008), “Governance regimes, corruption and growth: Theory and evidence”, Journal of Comparative Economics, 36, pp. 195 – 220. Al-Sadig, Ali (2009), “The Effects of Corruption on FDI Inflows”, Cato Journal, Vol. 29, No. 2, pp.267 – 294. Andrews, Dan, Aida Caldera Sanchez and Âsa Johansson (2011), Towards a Better Understanding of the Informal Economy, OECD, Economics Department Working Papers No. 873. Avnimelech, Gil, and Yaron Zelekha (2011), The Effect of
  • 10. Corruption on Entrepreneurship, Copenhagen Business School, accessible at: http://druid8.sit.aau.dk/acc_papers/1944qlhkqrqpnsq5gmkf4yvu y4m2.pdf