Friday, March 11, 2011

Stomach Hurts And Peeing Alot

Corruption must be eradicated


Definition

corruption should be a word to feel at your deepest inside as well as the words racism, xenophobia, pederasty, rape or murder.

defines corruption as well Vito Tanzi (1995) "is the intentional violation of the principle of impartiality for the purpose of deriving this type of behavior or personal benefit connected persons"

But corruption is true you have to give also two necessary conditions. The preference must be intentional (violation of the principle of non-accidental discretion, for example due to imperfect information does not imply corruption). Secondly, there must be some advantage to any person who commits the violation of the principle of discretion; but there is no corruption. Violating fairness, for example, may involve racism, but that is not corruption.

is quite widespread corruption is the notion of money (usually called bribery), but something similar can mean expensive gifts or other favors.

Another alternative definition used by the World Bank "the abuse of public official for private gain. "This definition has the problem that not all abuse of the public involves corruption. Some of them are directly theft, fraud, embezzlement or the like, but not corruption.


is not acceptable or tolerated. CORRUPTION NO!

If a government official of high rank simply misappropriated a sum of money in the budget without giving anyone any favors, that is not corruption - is a crime, but otherwise. On the other hand, extortion is something that involves intentional breach of impartiality, but as there is no advantage one for the victim of extortion (a judge or prosecutor for example) a violation of this type is not corruption.

Consequences of corruption

First is the existence of huge transaction costs of corruption. It is an illegal contract, and therefore transaction costs are massive. According to estimates (Tanzi), the top executives in countries with widespread corruption spend about 20% of their working time negotiating corruption and contract enforcement corruption.

Corruption violates the rule of law. If there is no rule of law, no protection of private property rights and contract enforcement. Bringing little exchange of signatures, all firms produce most of its raw materials internally, rather than buying in the market. Since there is no specialization, is missing an important source of increasing economic efficiency. This is the indirect way in which the corrución enconómica reduces efficiency and therefore welfare.

Corruption increases the basic business uncertainty, especially regarding the protection of property rights. This kind of uncertainty reduces the expected profit rate for potential investors. Investors, who make their decisions based in the rate of expected return is less likely to invest when revenues are lower than esperados.Como corruption reduces the expected revenue, corrupt countries receive less foreign direct investment, and therefore have lower growth rates.

What we have to ask is: Are the resources available in your country, city, people want to redistribute (corruption) or to create wealth?

And you ... as a person in your country you have to respond and act! if you prefer to enrich others and your country unless anyone pay later if you want to be reinvested to increase wealth and improve the welfare of you then you play around combat corruption.

Read more: cadal.org

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