LITERATURE REVIEW

Running head: CORRUPTION 7

Corruption

Author’s Name

Institutional Affiliation

 

Introduction

Corruption is a global issue affecting nations globally. In today’s society, there is faith in Americans that politics rank higher regarding corruption matters. There are many aspects associated with fraud, but politics and economic participants are more engaged in fraudulent activities in the USA. From research conducted across, united states, participants agreed that corruption is more widespread among the federal government and other corporate entities. The growths of a nation remain stagnant when corruption is let to prevail. Therefore, addressing the issues requires the active participation of citizens and bodies trusted to deal with the dilemma. Corruption is not only among the great challenges affecting administration in the United States, but also a phenomenon declining the economic growth and ability for investors to capitalize in the nation.

Background (what is known about the topic)

Corruption is among the epidemics in the United States. Many citizens are victims of acts of corruption. Also, business, have experienced a decline in profits since money lost in corruption scandals must be recovered by subjecting business into higher taxes. Political leaders are the main players in the corruption sphere. Internal and external investors in the United States are reported to avoid engaging in lucrative niches because of fear. Individual are deprived of their rights because of money lost in corruption occasion. Typically, poverty has grown in many states characterized by cases on corruption. The states also have a low level of investors compared to states having stable economic growth and good governance. Furthermore, the report highlights instances of corruption between different levels of governance, from the president to the local authorities.

The purpose of the report (reason for report)

The report focuses on the impact of corruption on both internal and external investment in a country. Investors tend to invest in nations that have shown a significant stabilization concerning peace. When a nation sustains peace, the chances of economic growth are higher. Also, economic development adversely affected by an unhealthy relationship between political leaders. The report attests the importance of ensuring a country maintains peace, which invites traction for many investors. Regardless, the report highlights actions that a nation can take to ensure that investors find the nation viable for business. A stable government translates to stable economic growth. Also, the piece integrates best way practices that a nation must practice to ensure investors are retained. Moreover, the report showcases how corruption acts as a major source of inequality, and poverty.

Scope (what issues will/will not be covered)

The piece focuses on the impact of corruption on development on a nation. First, the report outlines the reason behind the decline in economic growth in a nation. The report provides insight into how the economy of a country is negatively affected by corrupt practices. It is important to understand that corruption strikes the development sector and investment potential. Thus, focusing the report in the two areas ensures that there is contingency and fairness when addressing the problem.

Significance (rationale for the study)

Understanding the implications of corruption in the development of a nation is an important aspect of achieving the goals of a nation. Also, a business might end up in losses upon investing in a politically unstable nation. He reports in important that it provides insights on the ways a nation can retain its economic viability from both internal and external

Thesis and Objectives (expected outcomes)

The report aims at providing a strong and systematic implementation strategy for ensuring that the USA fights corruption. Information about how corruption affects the economy of a nation. Moreover, the piece aims to cover the ways the nation can eradicate instances of corruption in the country. Also, the report aims to answer the question of how corruption activities can be eradicated to attain a sustainable economic environment. Also, the report addresses the main reason internal investor and potential external investors find it difficult to investors in a nation experiences corruption. Corruption is a killer of national economic growth. Corruption erodes the face on a nation’s trustworthiness to outsiders who are willing to invest in the nation.

Procedure(s) to be used in investigating the topic)

The study uses investigation of the relationship between corruption and anti-corruption measures on the one hand, and economic performance on the other. Moreover, analysis of the manifold channels that the activity operates helps determine the manner to create a recommendation on how to fight in the problem in the future. The paper a clear understanding of the complex factors that affect the nation regarding the effect of this phenomenon. Indeed, the article shows that regardless of the difficulty in showcasing a direct link between corruption and the Gross Domestic Product (GDP) there exist negative implications on the key growth channels in a nation. Corruption has a negative implication on the efficiency of government projects, entrepreneurship, as well as government expenditures and revenues. Other factors affected by corruption include economic development such as quality environment, safety status, personal health, income distribution, and other various civic and social capital or trust.

 

References

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