Reference no: EM132253422
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Post:
Corruption has a huge impact on the country and therefore it has terrific effect on the country's economic progress.There are number of bad factors which are directly proportional to Corruption and the respective financial development of the country .There have been instances where there are government organizations or private organizations have corrupted staff , this has not only affected the rest of the employees within but also the government of that particular country .
It is kind of related effects, for example if there is one chain corrupted the whole associated buckets get affected. An individual makes earning for his and his family's livelihood , there are also a team working for an organization for the success of an organizations , if the upper level any one of the links is corrupted , then it ultimately affects each individual , because of might be the case that the one person or whole group of persons are working very hard for a common cause and if the extra share is taken which the group or one person who did it deserves and the more compensation goes to the individual not deserving that is a serious unfair cause which should be paid attention too .
There are many government and private industry schemes which claim to have corruption free practices but in reality a general check should be made that is that the same case every time or there are some breaks and they must try to fulfill the voids and therefore stopping or reducing it will only be answer.