Corruption in public life

Introduction
• Corruption is a form of dishonest or unethical conduct by a person
entrusted with a position of authority often to acquire personal
benefit.
• Corruption may include many activities thought it may aslo involve
practice that are legal in many country
• Government or political corruption occurs
Definition
• Corruption has no significant effect on economic growth in
democracies.
• While non democracies suffer significant economic harm from
corruption
• Corruption produce policy outcomes closer to the preferred by the
rich
Kind of corruption
• Autogenic
self generation and invoves only prepetrator .
• Defensive
in nature and victim pay bribe in self defenc
• Extortive
this is compensation in exchange for service.
• Invective
for future reward and no direct favor in present.
Categories of corruption
• Individual corruption
.only single person or official is involve.
.this type of corruption seen in the government offices or intitutes.
• Group corruption
a group of peoples work as until to practice bribing.
Effects of corruption
• lower investment including foreign direct investment
• Reduced economic growth.
• Greater inequality and high incidence of poverty
• Reducing the efficiency of aid
• Exposing the country to currency crises.
Thank you
• Any question?