1945
Freedom from Fear, Issue No.4
  • E-ISSN: 25190709

Abstract

Corruption is often depicted as a major impediment to poverty reduction. Being detrimental to good governance, corruption undermines the smooth implementation of sound economic and social policies. First, as far as petty corruption is concerned, extra payments in the forms of bribes are required from users of public services; therefore, fair access to public services is denied. The poor segments of the population are the most vulnerable to corruption, either because they cannot afford to pay bribes or because they have no possibility to escape corrupted public services (the wealthy elite can always afford private expensive clinics). Secondly, non transparent public procurements often lead to accepting offers which are not cost-effective and are sub-optimal. Public monies are therefore not allocated in the most efficient manner and are partly wasted. Thirdly, as far as grand corruption is concerned, embezzlements of public funds results in a gap in budgetary means.

Sustainable Development Goals:

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