- December 9 -

International Anti-Corruption Day

On 31 October 2003, the General Assembly adopted the United Nations Convention against Corruption and requested that the Secretary-General designate the United Nations Office on Drugs and Crime (UNODC) as secretariat for the Convention’s Conference of States Parties (resolution 58/4).  The...

International Anti-Corruption Day

On 31 October 2003, the General Assembly adopted the United Nations Convention against Corruption and requested that the Secretary-General designate the United Nations Office on Drugs and Crime (UNODC) as secretariat for the Convention’s Conference of States Parties (resolution 58/4).

The Assembly also designated 9 December as International Anti-Corruption Day, to raise awareness of corruption and of the role of the Convention in combating and preventing it. The Convention entered into force in December 2005.

Corruption is a problem that affects all countries.
It should be a day of concern and reflection for every citizen around the world. We are all affected, in one way or another, by the damaging effects of corruption, many times without even noticing it.

Effects of Corruption

The effect of corruption has many dimensions related to political, economic, social and environmental effects. In political sphere, corruption impedes democracy and the rule of law. In a democratic system, public institutions and offices may lose their legitimacy when they misuse their power for private interest. Corruption may also result in negative consequences such as encoring cynicism and reducing interest of political participation , political instability , reducing political competition, reducing the transparency of political decision making, distorting political development and sustaining political activity based on patronage, clientelism and money, etc.

In our society, the impact of corruption is often manifested through political intolerance, problems of accountability and transparency to the public, low level of democratic culture, principles of consultation and participation dialogue among others.

The economic effects of corruption can be categorized as minor and major. However, both in one way or the other have serious impact on the individual community and country. First and foremost, corruption leads to the depletion of national wealth. It is often responsible for increased costs of goods and services, the funneling of scarce public resources to uneconomic high profile projects at the expense of the much needed projects such as schools, hospitals and roads, or the supply of potable water, diversion and misallocation of resources, conversion of public wealth to private and personal property, inflation, imbalanced economic development, weakling work ethics and professionalism, hindrance of the development of fair in market structures and unhealthy competition there by deterring competition. Large scale corruption hurts the economy and impoverishes entire population.

In Social sphere, corruption discourages people to work together for the common good. Frustration and general apathy among the public result in a weak civil society. Demanding and paying bribes becomes the tradition. It also results in social inequality and widened gap between the rich and poor, civil strive, increased poverty and lack of basic needs like food, water and drugs, jealousy and hatred and insecurity.

Closer home, corruption is said to have been factors for the down fall of past regimes byway of undermining the legitimacy of the governments and weakening their structures, reducing productivity, hindering development, worsening poverty, marginalizing the poor, creating social unrest and then to their downfall.
Source:
http://www.un.org/en/events/anticorruptionday/
http://transparencyethiopia.org/index.php?option=com_content&view=article&id=17%3Awhat-are-the-effects-of-corruption&catid=7%3Afaq&Itemid=7&lang=en

Categories:

You may also like...

Interesting events from Global category.

Global Belly Laugh Day

Celebrate the great gift of laughter! On January 24 at 1:24 p.m. (local time) smile, throw your arms in the air and laugh out loud. Global Belly Laugh Day is a day for having a good chuckle at anything at all. Did you know that laughter has been know to causes the tissue lining our blood...

International Tatting Day

This day has been celebrated for more than 44 years internationally. People who tat on this day will have activities. The activities lean towards the educational side of this art. This day in April allows tatters to celebrate their hobby and introduce this hobby to others. They can celebrate...

International Day against Drug Abuse and Illicit Trafficking

The International Day against Drug Abuse and Illicit Trafficking is a United Nations International Day against drug abuse and the illegal drug trade. It has been held annually since 1988 on 26 June, a date chosen to commemorate Lin Zexu's dismantling of the opium trade in Humen, Guangdong, just...

World Nature Conservation Day

Celebrated on July 28 each year, World Nature Conservation Day recognizes that a healthy environment is the foundation for a stable and productive society and to ensure the well-being of present and future generations, we all must participate to protect, conserve, and sustainably manage our natural...

International Day of Charity

At the initiative of Hungary, the UN General Assembly adopted a resolution by consensus to designate 5 September, the anniversary of the passing away of Mother Teresa, as the International Day of Charity. The designation of the International Day of Charity will create a universal platform to...

Human Rights Day

Human Rights Day is celebrated annually across the world on 10 December. The date was chosen to honor the United Nations General Assembly's adoption and proclamation, on 10 December 1948, of the Universal Declaration of Human Rights (UDHR), the first global enunciation of human rights and one of...

Download KeepIn Calendar

Enjoy the interesting stories even on your phone or tablet