14 Facts About Political corruption

1.

Political corruption is the use of powers by government officials or their network contacts for illegitimate private gain.

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2.

Forms of Political corruption vary, but can include bribery, lobbying, extortion, cronyism, nepotism, parochialism, patronage, influence peddling, graft, and embezzlement.

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3.

The type of Political corruption often occurring in constitutional states or state transitioning to a more democratic society is called grey Political corruption is considered reprehensible according to a society's moral norms, but the persons involved are still mostly lacking any sense of doing something wrong.

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4.

The third category, black Political corruption is so severe that it violates a society's norms and laws.

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5.

Economists argue that one of the factors behind the differing economic development in Africa and Asia is that in Africa, Political corruption has primarily taken the form of rent extraction with the resulting financial capital moved overseas rather than invested at home.

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6.

Ultimately, there is a sufficient amount of money for health in developing countries, but local Political corruption denies the wider citizenry the resource they require.

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7.

In some countries the culture of Political corruption extends to every aspect of public life, making it extremely difficult for individuals to operate without resorting to bribes.

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8.

Political corruption can give a contract to a company that is not the best bidder, or allocate more than they deserve.

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9.

Some research indicates that political corruption is contagious: the revelation of corruption in a sector leads others in the sector to engage in corruption.

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10.

The argument that Political corruption necessarily follows from the opportunity is weakened by the existence of countries with low to non-existent Political corruption but large public sectors, like the Nordic countries.

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11.

Judicial Political corruption can be difficult to completely eradicate, even in developed countries.

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12.

Transparency International, an anti-Political corruption NGO, pioneered this field with the CPI, first released in 1995.

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13.

World Bank collects a range of data on Political corruption, including survey responses from over 100, 000 firms worldwide and a set of indicators of governance and institutional quality.

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14.

Typical second wave Political corruption metrics do not offer the worldwide coverage found in first wave projects and instead focus on localizing information gathered to specific problems and creating deep, "unpackable" content that matches quantitative and qualitative data.

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