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Corruption and Law - Research Paper Example

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The level of economic growth is affected when corruption prevails since the money put forward to accomplish many economic development are affected. The prevailing law towards corruption…
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Corruption and Law
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impact of corruption on the economic growth is high since it creates nonlinear relationship that exists between corruption, terrorism, and crime as well. In general, corruption is a propellant of unethical fibers of the civilization which implies that the exercise posses indisputably action among the people. This however, affects economic and social. When the entire regime in the government of a given nation allows an aspect of corruption, this aspect affects the entire society both morally and economically.

However, a clean government is not an assurance that economic prosperity and growth will be attained. This means that rapid economic growth is propelled by the absence of risks and uncertainty within the prevailing regime (Hurd 2011, 47). Economic growth needs effective decision making from higher level of governance as this reduces bureaucratic intervention within the regime in power as per that time of governance. Corruption and economic growth are nonlinear correlation events in the sense that rapid growth in economy of the country can be possible if we have strong institutions devoid of corrupt activities.

In addition, the regime should portray stability in its political events and provide reasonable decision making that propel fast economic growth (Detzer 2010, 65-68). We have various institutions in the U.S formed to cover the aspect of terrorism and transnational crime. Such institutions have been seen as aspects that propel corruption in any national governance in many nations worldwide. Corruption is based on international security, which foresees government position leaders, and the entire system comes in hand to support terrorism activities through funding.

The aspect of long-term preservation by the transnational crime contributes highly on political campaigns through funding and they ensure that they are involved in nationalistic events. Through these activities, transnational crime however engages many of their activities within the prevailing

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