Corruption is still among the greatest challenges we face as global citizens


Corruption is a serious crime that undermines the social and economic development in all parts of the world. Corruption occur when individuals misuses their entrusted power for private gain. Even though many of us don't experience or hear about this, corruption is among the greatest challenges we face as global citizens. Thus, for some of us, the adverse consequences of corruption are even greater than for others. The consequences of corruption are in fact usually worse for those who have the least.


Corruption - a global challenge

According to the United Nations, every year $ 1 trillion is paid in bribes and an estimate of $ 2.6 trillion are stolen through corruption.


How can we even comprehend that number -

$ 1 trillion in bribes?


The amount equals 4.8 % of the United State's GDP, 5.2 % of the European Union's GDP and more than two times of Norway's GDP. And, the $ 1 trillion paid in bribes occur every year.


The Corruption Perceptions Index


Transparency International, a global civil society organization leading the fight against corruption, have published the Corruption Perceptions Index for 2018. Their findings shows that anti-corruption efforts have stalled in most countries in the world, and reveals that the continued failure of most countries to significantly control corruption is contributing to a crises of democracy around the world.



Corruption is a threat to the national and international society


Corruption is a serious threat to peace, democracy, the environment, poverty, human rights and other humanitarian crises. Additionally, the widespread of corruption makes dictators and other criminal public officials able to stay in entrusted power and destabilize countries with private gain. Corruption is a threat to all public services, such as the police, public courts, public healthcare and other core services for the countries citizens.


Corruption is a "game" for the few. Manipulation of procurement processes, recommendations based on hidden dependencies, nepotism and bribery, fuels corruption and undermines the development of a country. It also undermines an effective utilization of resources.

The prevention of corruption - a social responsibility


Even though there are some legal compliance requirements for anti-corruption for specific business sectors, anti-corruption ought to be a social responsibility for all businesses. For instance, Norwegian and other western entities operating in countries where the likelihood of corruption is high, may in the utmost consequence contribute to the persistence and increase for even more corruption. Which also may have adverse consequences for the citizens of the country.


All of us have a social responsibility to prevent, detect and dissociate from corruption. We need to take a firms stance that we want a global society free of corruption. By being able to use this wealth on areas that benefit the citizens, most of the national and international social crises may be resolved.

The Corruption Perceptions Index for 2018 gives us all a reminder of the corruption risks we face nationally and internationally. In the map below, you may check the score for the different countries. There is an urge of firm anti-corruption action from many of the countries in the world. With a score of 88, Norway lost three points since last year, dropping out of the top 3 countries on the Corruption Perceptions Index.


You may find the full data set of Transparency International's Corruption Perceptions Index here.



Kontakt oss

(+47) 997 97 542

hello@governance.no

Gaustadalléen 21,

0349 Oslo,

Norge

  • White LinkedIn Icon

© 2017-20 Advokatfirmaet Erling Grimstad AS