Cor
rupt
ionandDev
elopment
Corrupti
on isa maj orobstaclet o economicdev elopment.Itr educesdomest i
c
i
nvestment ,discour
agesf or
eigndi r
ectinvestment ,infl
atesgov ernmentspendi ng,
andshi ftsgov er
nmentspendi ngawayf r
om educat i
on,health,andi nfrast
ruct
ure
maintenance t owardless ef f
ici
entpubl i
c projects.The Wor ld Bank and t he
I
nternationalMonetaryFund,amongot hers,defi
necor r
upti
onast heabuseofpubl i
c
off
icef orpr i
vategai
ns.Whenev erapubl i
cof f
icei sabused,apubl icfunctionor
obj
ect i
veissetasideandcompr omised.Onlyifapubl icfunct
ionisunpr oducti
veare
pol
icygoal sunharmedbycor rupti
on.
Corr
upt
ioni
sagl
obalphenomenon.Cor
rupt
ioni
sadi
seasei
nbot
hendemi
c
andepi
demi
c.
Itmakesmockeryofadmini
str
ati
on,devel
opmentanddemocr
acy.Corrupt
ion
i
npubl i
cl i
fehasreachedanalarmingstageandhasemer gedgloball
ya
sensi
ti
veissue.
Thel
evel
ofcor
rupt
ionhasal
soi
ncr
easedsubst
ant
ial
l
yinI
ndi
a.
Corr
upti
onbreedsoutofdishonest
yandi l
l
egalbehav
iouroft
hepeopl
ewho
misuset
hei
roffi
cial
posi
ti
onandaut hor
it
y.
TheWor l
dBankdef
inescor
rupt
ionast
heuseof“
Publ
i
cof
fi
cef
orpr
ivat
e
prof
it
.”
Cor
rupt
ionhasv
ari
ousmani
fest
ati
onswhi
chweencount
eri
nourdai
l
yli
fe.
Corr
upti
on i
s notonl
ythe mot
herofbl
ack money butof
ten suppor
ts
cr
iminal
i
sat
ion.
Outofthef
earoflawthebl
ackmoneywhi
chi
sdumped,doesnotcomei
nto
usefort
hedevel
opmentoft
henat
ion.
Corr
upti
ondet
ersi
nvest
ment,pr
event
seconomi
cgr
owth,dist
ort
spr
icesand
under
minest
hefai
thi
ntheobedi
enceofl
awandgov
ernancesyst
em.
I
tisanant
i-
nat
ionalactwhi
chper
pet
uat
esi
njust
iceandv
iol
ati
onofHuman
Ri
ght
s.
Tocheri
shthedream oftr
ansf
ormingIndi
aint
oasuperpower,themal
aiseof
cor
rupt
ionhastoberootedoutfr
om oursoci
etyandbodypol
i
tics.
Economi
cEf
fect
sofCor
rupt
ion
Unev
enDi
str
ibut
ionofWeal
th
Cor
rupt
edeconomi
esar
echar
act
eri
zedbyadi
spr
opor
ti
onat
elysmal
lmi
ddl
ecl
ass
rupt
ionandDev
elopment
Corrupti
on isa maj orobstaclet o economicdev elopment.Itr educesdomest i
c
i
nvestment ,discour
agesf or
eigndi r
ectinvestment ,infl
atesgov ernmentspendi ng,
andshi ftsgov er
nmentspendi ngawayf r
om educat i
on,health,andi nfrast
ruct
ure
maintenance t owardless ef f
ici
entpubl i
c projects.The Wor ld Bank and t he
I
nternationalMonetaryFund,amongot hers,defi
necor r
upti
onast heabuseofpubl i
c
off
icef orpr i
vategai
ns.Whenev erapubl i
cof f
icei sabused,apubl icfunctionor
obj
ect i
veissetasideandcompr omised.Onlyifapubl icfunct
ionisunpr oducti
veare
pol
icygoal sunharmedbycor rupti
on.
Corr
upt
ioni
sagl
obalphenomenon.Cor
rupt
ioni
sadi
seasei
nbot
hendemi
c
andepi
demi
c.
Itmakesmockeryofadmini
str
ati
on,devel
opmentanddemocr
acy.Corrupt
ion
i
npubl i
cl i
fehasreachedanalarmingstageandhasemer gedgloball
ya
sensi
ti
veissue.
Thel
evel
ofcor
rupt
ionhasal
soi
ncr
easedsubst
ant
ial
l
yinI
ndi
a.
Corr
upti
onbreedsoutofdishonest
yandi l
l
egalbehav
iouroft
hepeopl
ewho
misuset
hei
roffi
cial
posi
ti
onandaut hor
it
y.
TheWor l
dBankdef
inescor
rupt
ionast
heuseof“
Publ
i
cof
fi
cef
orpr
ivat
e
prof
it
.”
Cor
rupt
ionhasv
ari
ousmani
fest
ati
onswhi
chweencount
eri
nourdai
l
yli
fe.
Corr
upti
on i
s notonl
ythe mot
herofbl
ack money butof
ten suppor
ts
cr
iminal
i
sat
ion.
Outofthef
earoflawthebl
ackmoneywhi
chi
sdumped,doesnotcomei
nto
usefort
hedevel
opmentoft
henat
ion.
Corr
upti
ondet
ersi
nvest
ment,pr
event
seconomi
cgr
owth,dist
ort
spr
icesand
under
minest
hefai
thi
ntheobedi
enceofl
awandgov
ernancesyst
em.
I
tisanant
i-
nat
ionalactwhi
chper
pet
uat
esi
njust
iceandv
iol
ati
onofHuman
Ri
ght
s.
Tocheri
shthedream oftr
ansf
ormingIndi
aint
oasuperpower,themal
aiseof
cor
rupt
ionhastoberootedoutfr
om oursoci
etyandbodypol
i
tics.
Economi
cEf
fect
sofCor
rupt
ion
Unev
enDi
str
ibut
ionofWeal
th
Cor
rupt
edeconomi
esar
echar
act
eri
zedbyadi
spr
opor
ti
onat
elysmal
lmi
ddl
ecl
ass
