Business Ethics Government Corruption: The Term Paper

Excerpt from Term Paper :



In Greece particularly government corruption in the broad public sector is considered widespread; this is evident in local government and agencies including those that issue permits and licenses that authorize planning permissions (Economist, 2004). Doctors and other officials are even known to expect a 'tip' for jobs undertaken that they are supposed to do (Economist, 2004).

The new Democracy government being constructed in Greece is taking action to "re-construct" the state and to emphasize the importance of decent authority, however because of past practices, there are many disincentives to domestic and foreign investment in the country, typical political and economic side effects of widespread corruption (Economist, 2004).

Conclusions

Government corruption has many long lasting effects on the political well being and economic structure of the country involved. Generally the more wide ranging the corruption the less resources are available for political development and strengthening the economy. The areas most likely to suffer include social projects and objectives such as health and education.

References

Economist. "Country Briefings: Greece." (2004). Economist Intelligence Unit, country views wire. 10, November 2004, http://www.economist.com/countries/Greece/profile.cfm?folder=Profile-Political%20Forces

Holmes, L. The end of communist power. Anti-Corruption campaign and legitimation crisis. New York: Oxford University Press, (1993).

Kaufmann, D. "Economic Corruption." Foreign Policy, Summer, (1997). pp.114-131

Klitgaard, R. Controlling Corruption. Berkely: University of California Press, (1998).

Leff, N. Law and Order in the U.S.S.R.: The Case of Economic and Official Crime.

Studies, 36, No.3 (1984). Quoted in Voskanyan, (2000). "The Effects of Corruption on Economic and Political Development in Armenia."

Mikesell, L.J. Fiscal Administration: Analysis and Applications for the Public Sector. 4th ed. New York: Wadsworth Publishing, (1995).

Nye, J.S. "Corruption and political development. A Cost-Benefit Analysis."

Political Science Review. June (1967). pp. 417-27; from Voskanyan, K. (2002). "The Effects of Corruption on Economic and Political Development."

Tanzi, V. & Davoodi, H. "Corruption Public Investment and Growth. IMF Working

Paper, 97/139, Washington: International…

Sources Used in Document:

References

Economist. "Country Briefings: Greece." (2004). Economist Intelligence Unit, country views wire. 10, November 2004, http://www.economist.com/countries/Greece/profile.cfm?folder=Profile-Political%20Forces

Holmes, L. The end of communist power. Anti-Corruption campaign and legitimation crisis. New York: Oxford University Press, (1993).

Kaufmann, D. "Economic Corruption." Foreign Policy, Summer, (1997). pp.114-131

Klitgaard, R. Controlling Corruption. Berkely: University of California Press, (1998).

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