For so many years now, corruption has been a significant point for dialog over the globe especially in the developing countries. As indicated by UNDP, the menace is costing the worldwide economy more than $3.6 billion dollars. Numerous people have whined about this vexatious for quite a while, however it appears there is still a great deal to be done to turn away this problem.
Apart from government officials being the fundamental people blamed for profound corruption, most individuals and institutions have also imprudently been a part of this issue holding tight the neck of the world.
Many occupants of different countries have thus emigrated to less corrupt countries to get away from this ‘infection’ back home. Corruption has gone far to influence the whole society because of wasteful designation of assets. As a matter of fact, most government authorities have not improved the situation at all as they have not been promising and effective as they ought to on the grounds that, they don’t duely invest the taxes of their countries in physical and human capital.
These and a few different circumstances have injured practically all economies engaged with corruption. Subsequently, the onus lies on policymakers around the globe particularly developing countries to act in a flash to fortify their fiscal systems and make them less frail against budgetary staggers.
Several countries in the world, including the African continent have been engaged with corruption for a number of years. Every administration bounces on the campaign platform and make lovely promises with the desire for being given the command as the legislature. But, when they are ushered in, they flop wretchedly by way of corruption.
One way or the other, there is a certain level of corruption in every country but the inclination at which some of them are deepened in certain regions is outrageous. A recent overview by the United Nations Development Program (UNDP) uncovered that many countries on the African landmass has significant corruption issues to deal with. These countries are losing billions every year through corruption and these figures are assessed to be multiple times the measure of authentic development assistance for the respective countries.
It is sad that corruption is extended in all fields of our lives. It is extremely widespread in schools, sporting sectors, entertainment, health services, public and private organizations and even places of worship. It is deplorable to the point that officials invest heavily in corruption than the necessities that will carry satisfaction to the denizens.
As an author, I continue posing this inquiry whenever this topic springs up. So what’s the best solution to stop or reduce corruption since it is step by step being a significant issue in the world. My concern is, it is depressing to see culprits especially government officials trapped in this conduct moving about freely without any punitive action taken against them subsequent to being captured on such charges.
From the underlying stages, you notice they’re being processed for court but the following moment, you see them flexing their arms as champions. Meanwhile, the law will quickly condemned an ordinary person to jail for assault, stealing a loaf of bread and other smaller offenses.
Perhaps, the campaign to battle corruption should be heightened. Civil societies, the media and even the general population must sit up to expose any person including heads of institutions and government officials. If not, poverty will one day rule the world and democracy will clearly be undermined.
Also, the weight on the World Bank to offer credits to countries will be slighter, in light of the fact that monies generated in any country will be appropriately utilized for the fundamental things the people need and will basically incapacitate per-capita salary and investment.