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How would you explain the correlation between the amount of corruption in a country and economic development?

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This posting should be at least words. Respond to at least 2 other postings on separate days in each forum by PM Eastern Coreuption Saturday. In addition, please ensure that you answer all of my questions. Corruption is defined as the abuse of public Reaction Paper On Corruption for private gain withdraw, affect all the countries and mainly the developing countries and it is a behavior that deviates from the formal rules for conduct governing the actions of someone in a position of public authority because of private motives such as wealth, power and status to achieve certain goals in illegal ways.

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Corruption are misused and take many forms by bribery, cheating, extortion, fraud, favoritism, sponsorship, theft of state assets and trading. Corruption is an extremely complex social behavior seen in structural problems of politics, economics and cultural and also individuals Lucic. D, Reaction Paper On Corruption affects resources allocation in two ways, private investments and its various merits influencing the prices of goods, services, production, including industries and second resources is misallocation of public and private investments which are made by corrupt government agencies.

Low foreign investment and trade is one of the disincentives for foreign investments. Poor education and healthcare has high corruption impact on the quality and provides emerging economies. Corruption makes these societies worse off and lowers the living standards Mirzayev. E, Corruption is the main problem in both Reaction Paper On Corruption and developing countries.

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Corruption will make the rich people become richer and poor people become poorer. Corruption increases the non — confidence among the government and its officials in public and its behavior and which makes to take ease on public. This will result in the poor performance of the government, local bodies which will lead to the back step from the development activities. The more the corruption increases, it leads to the financial crisis, instability, accumulation of wealth at one place, financial insecurity, private investments gets affected and which will lead more distortions in the government policies.

Corruption mainly increases with the lack of human awareness, co-ordination and where the development areas are weak İNAM, B. Most recent studies indicate that Coeruption is the main reason Reactiln the countries social and economic development growth obstacle. The key areas that affect the corruption Reaction Paper On Corruption the public, private investments and human capital.

Without the investments from the organizations and people from various sectors it is impossible for country revenue, income building process which puts it Reaction Paper On Corruption in the growth perspective. Corruption also plays a prominent role in the country politics, dynamic changes, decisions, capital selections, allotting the government lands, offices. It mainly starts by abusing the public for the private use and purpose where bribery is also a part, accepting gifts for the things that needs to be done by government officials. Rivalry among politics, taking competitive advantage among the political officials, Gaining personal advantage with the public assets and income are more increasing which leads to the path for corruption Obamuyi, T. Corruption and economic growth in India and Nigeria.

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