🏛️ Corruption poses a significant threat to society, the economy, political stability, & good governance.
It undermines trust in public institutions, exacerbates inequality, hampers economic development & can even fuel social unrest & violent conflict. #CorruptionDangers 5/11
📉 In the economy, corruption can deter investment & hinder growth.
It creates an uneven playing field, where businesses succeed based on who they know, rather than their value add.
Consequently, markets are prevented from developing healthy competition. #EconomicImpact 6/11
🏥 In terms of good #governance, corruption can lead to poor public services, as funds intended for schools, hospitals & infrastructure can be siphoned off.
It can also distort policy decisions, as leaders make choices based on personal gain rather than the public good. 7/11
🚫 While the problem of corruption may seem daunting, it's not insurmountable.
Both financial & non-financial corruption can be mitigated through a combination of legal, institutional & societal measures.
🗳️ Public participation & activism is also crucial in the fight against corruption.
By staying informed, holding leaders accountable & refusing to participate in corrupt practices, ordinary citizens can play a significant role in curbing corruption. 9/11
🌱 Corruption is a complex issue that requires a comprehensive, multi-faceted approach.
By understanding the different types of corruption & how they can be mitigated, we can all play a part in promoting a more just, equitable & prosperous society. 10/11 #EndCorruption
While I greatly respect Prof. PLO Lumumba, I strongly disagree with this narrative.
Having lived in the EU all my life, I tell you there’s rampant corruption & tax evasion. UK, which I call home atm, is currently under the most corrupt gov of its history!
A post-colonial story!
It’s true that Europe has strong institutions. Also true that severe cases of corruption are punished by jail time, but what good does this comparison of incomparable entities do? Most African countries are the product of colonialism & lack historical institution building.
China’s corruption scandals are always a product of political vendettas & dynastic changes within the ruling communist party. It’s the most secretive police state in the world. To understand or assess its anti-corruption propaganda requires extensive study of independent scholars