Read through the below post and provide any on of the following:
.Ask a probing question, substantiated with additional background information, evidence or research.
· Share an insight from having read your colleagues’ postings, synthesizing the information to provide new perspectives.
· Offer and support an alternative perspective using readings from the classroom or from your own research.
· Validate an idea with your own experience and additional research.
. Posting should be at least 250 words and require some information from the text, academically reviewed paper, some significant commentary that requires knowledge of the subject matter, a web link to an article or other source.
To answer this question we need to understand what corruption is. Corruption occurs in many forms. It is not limited to transferring public funds into personal or taking advantage of one’s position. Corruption can occur even when someone blindly allows others to misuse the system for their personal gains. It also means that an individual looks towards furthering their own interests and personal gains rather than remaining honest or working for the organization.
Whenever there are a lot of corrupt employees or officers in an organization it suffers due to lack of morals or ethics in the organization and it also suffers due to the slow syphoning of money and also the slow loss of goodwill due to the negative image created by their employees (Van den Berg, 2016).
Now, think of a nation as a huge organization. In this organization let X be the percentage of corrupt people. As X increases the country becomes more and more corrupt and rather than creating a stabilized working economy it rather creates a negative impact. It turns the company or the nation into subdivided parts that are trying to syphon off money from the organization and into their personal coffers. This is the root cause of a destabilized or weak economy and it hinders any and all development of the economy and it reflects in all aspects. For example, whenever someone steals or siphons money it keeps adding up slowly to create a cascade effect that adds up to a hugely negative impact on the economy of a country (Van den Berg, 2016). Thus an economy’s development and corruption are deeply interrelated and it affects a country negatively as the percentage of corruption increases to a level that crosses the normal or the expected values that exist in any nation.
Van den Berg, H. (2016). Economic growth and development. World Scientific Publishing Company.