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    The Effects of Corruption On Economic and Political

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    Lorienel
    This document discusses the effects of corruption on economic and political development. It defines economic development as improving a country's wealth and living standards, and political development as strengthening values within a state. Corruption is defined as dishonest criminal acts by those in power for personal gain. The effects of corruption include negatively impacting human capital formation, weakening tax collection, increasing government costs, decreasing aid effectiveness, threatening political legitimacy, and endangering democratic development. In conclusion, high corruption can seriously harm a country's economic and political progress.

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    The Effects of Corruption On Economic and Political

    Uploaded by

    Lorienel
    137 views10 pages
    This document discusses the effects of corruption on economic and political development. It defines economic development as improving a country's wealth and living standards, and political development as strengthening values within a state. Corruption is defined as dishonest criminal acts by those in power for personal gain. The effects of corruption include negatively impacting human capital formation, weakening tax collection, increasing government costs, decreasing aid effectiveness, threatening political legitimacy, and endangering democratic development. In conclusion, high corruption can seriously harm a country's economic and political progress.

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    The effects of corruption on economic and political

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    This document discusses the effects of corruption on economic and political development. It defines economic development as improving a country's wealth and living standards, and political development as strengthening values within a state. Corruption is defined as dishonest criminal acts by those in power for personal gain. The effects of corruption include negatively impacting human capital formation, weakening tax collection, increasing government costs, decreasing aid effectiveness, threatening political legitimacy, and endangering democratic development. In conclusion, high corruption can seriously harm a country's economic and political progress.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    137 views10 pages

    The Effects of Corruption On Economic and Political

    Uploaded by

    Lorienel
    This document discusses the effects of corruption on economic and political development. It defines economic development as improving a country's wealth and living standards, and political development as strengthening values within a state. Corruption is defined as dishonest criminal acts by those in power for personal gain. The effects of corruption include negatively impacting human capital formation, weakening tax collection, increasing government costs, decreasing aid effectiveness, threatening political legitimacy, and endangering democratic development. In conclusion, high corruption can seriously harm a country's economic and political progress.

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    You are on page 1of 10

    THE EFFECTS OF

    CORRUPTION ON
    ECONOMIC AND
    POLITICAL
    DEVELOPMENT
    J A S O N N E I L C LY D E H . C A B AYA
    B PA - 4
    THE EFFECTS OF CORRUPTION ON
    ECONOMIC AND POLITICAL
    DEVELOPMENT

    The purpose of this chapter is to show the


    impacts that corruption has on the
    economic and political development.
    WHAT IS ECONOMIC
    DEVELOPMENT?
    • Development of economic wealth of
    countries, regions, or communities for
    the well-being of their inhabitants
    • Efforts that seek to improve the
    economic well-being and quality of life
    WHAT IS POLITICAL
    DEVELOPMENT?
    • more elusive concept than economic
    development

    • Deepening of values
    within a state that are held in whatever
    political ideology at play
    WHAT IS CORRUPTION?

    • Form of dishonesty or criminal


    activity undertaken by a person or
    organization entrusted with a
    position of authority, often to
    acquire illicit benefit.
    EFFECTS OF CORRUPTION
    1. Affects the human capital
    formation, which is the most
    important input in the process of
    production and transformation that
    is called
    “Economic Development”
    EFFECTS OF CORRUPTION
    2. Weakens tax administration and can
    lead to tax evasion and improper
    tax exemptions
    (The higher the level of corruption,
    the lower the revenue, and the lower
    the resources available for funding
    public provision of certain service)
    EFFECTS OF CORRUPTION
    3. Increase the operating cost of
    government thus reduces the resources
    available for other uses including:

    -Education and Health


    .
    4 Decrease the effectiveness of aid flows
    Aid flows – designed to promote the economic
    development and welfare of the developing countries
    EFFECTS OF CORRUPTION
    5. Corruption may dissipate the important
    assets of political legitimacy which
    can contribute to instability and
    possible national disintegration
    6. Corruption may threaten the
    democratic development
    CONCLUSION
    High and rising corruption may
    affect the effectiveness of social
    spending, eroding the tax and custom
    administrations, destroying the
    legitimacy of existing political
    system which may affect the
    POLITICAL AND ECONOMIC
    DEVELOPMENT OF THE

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