Premium Essay

Prescription to End Corruption

In:

Submitted By krisdev
Words 705
Pages 3
Prescription to end corruption for all round empowerment

What ails the under developed and developing nations? Corruption leading to self perpetuating poverty.

The society is divided between the haves and have-nots; the haves are growing at the cost of the have-nots. The have-nots cannot afford the essentials for a decent living such as food, clothing, shelter, health, education and social security. The division is so sharp between nations and communities, while an average haves family can afford to spend say over Euro 500 per week on food items, the have-nots family of the same size can hardly spend Euro 5 per week.

Does this mean all citizens living in a poor nation are poor? The answer is ‘NO’. The wealth in a under developed / developing nation is skewed. Almost 80% of the wealth is in the control of say 20% of the population. The majority of the population do not have access to essentials for a decent living and live in abject poverty.

One of the biggest factors is ‘Corruption’. It is the cancer eating into the vitals of the society. It has permeated into all facets of life, affecting the poor and voiceless. The common man with no money power cannot think of getting any thing done in the developing world, without having to pay a bribe. This has created a parallel black economy sucking money out of the taxpayer and enriching the pockets of the rich. Money is stashed in tax havens abroad.

The Heads of Commonwealth nations at their mini-summit on 9 and 10 June, 2008 have stated that “Global institutions such as World Bank, IMF, and UN must enjoy legitimacy from their member countries and the international community. They must also be responsive, with the interests of all members, especially the smaller and poorer, being taken into account. The activities and governance of these institutions must be flexible, they must respond to new challenges,

Similar Documents

Free Essay

Healthcare Policy

...the world, there's insufficient evidence that Americans are getting higher-quality medical treatment or enjoying healthier lives than our counterparts abroad (Jacobson 2012). According to the Commonwealth Fund, Healthcare in America costs more than in other industrialized nations and Americans aren't getting the world's best care for their dollars, according to a new study. The United States spent $7,960 per capita on health care in 2009, the most of 13 industrialized nations in the Organization for Economic Cooperation and Development. That's almost three times the amount spent in Japan, which has the lowest expenses of the countries reviewed (Leflar 2013). Americans pay the highest prices for physician visits, hospital treatments and prescription drugs and get expensive diagnostic tests like MRIs at a higher-than-average rate. In addition, the U.S. still leaves tens of millions of its own citizens without health coverage, and will continue to do so even a decade...

Words: 2364 - Pages: 10

Premium Essay

A Critical Review of Corruption and the Watchdog Role of the News Media by Sheila Coronel

...A Critical Review of Corruption and the Watchdog Role of the News Media by Sheila Coronel Introduction In Corruption and the Watchdog Role of the News Media, Sheila Coronel presents the role of media as a watchdog to keep the government in check. Coronel also examines the actual situation of the “watchdogging” by the media including its vulnerabilities to certain factors such as globalization, deregulation, economic impact, culture and many more. She presents the scenario in a form of research in which she shares her arguments and analysis as a veteran investigative journalist. This paper will review Coronel’s research as well as her primary arguments including her policy recommendations, and will evaluate the quality of Coronel’s research, writing, and focus. Summary Coronel begins his paper by reviewing the general premise of media as a watchdog of the society in monitoring government and exposing its excesses. She presents evidences on the retraction of this role around the world thanks to “globalization, the fall of authoritarian and socialist regimes, and the deregulation of the media worldwide.” To ponder on the watchdog role of media, Coronel asks the following important questions: Is the press acting as watchdog always desirable? In countries where the media are hobbled by draconian state restrictions or driven largely by the imperatives of profit-obsessed markets, is such a role even possible? What enabling conditions make a watchdog press...

Words: 1196 - Pages: 5

Premium Essay

Discrimination Against African-American Vernacular English

...Expert opinion does not support the idea of prescription, and views SAE and AAVE as both equally valid versions of American English. However, these ideas are still treated as pseudoscientific and wrong. Green also does not believe in exclusive use of SAE in schools. However, she argues that the alternative some schools such as schools in Oakland during the late 1990s have taught, code-switching, is also flawed, because it still uplifts SAE at the expense of AAVE. Instead, she argues that code-meshing is the better option, since it does not devalue AAVE for SAE. To conclude the chapter, Green states that the reason use of AAVE is so discriminated against and why AAVE seen as just an inferior form of SAE, is because acknowledging it as a separate and equally valid form of English is tantamount to acknowledging the validity of a separate, functioning African-American...

Words: 1030 - Pages: 5

Premium Essay

Chasing The Scream Analysis

...relieving the public’s fear would be ending this falsified, political War on Drugs. The following step concerning the curtailment of national angst regarding drugs would be replacing political fear-mongering with factual information on the history and reality of violence behind stimulants. In terms of altering the narcotic-crime conjunction, this education could lessen the correlation in the mind of the public. As stated in the article “A Brief History of the Drug War,” “many currently illegal drugs, such as marijuana, opium, coca, and psychedelics have been used for thousands of years for both medical and spiritual purposes.” Once people begin to realize that current, hardcore narcotics were previously used nationwide just as other prescriptions medications are today, they may be more susceptible to accepting that their terror regarding drugs is unnecessary. Another article titled “7.1 Drug Use in History” examines in depth how bigotry influenced the country’s perceptiveness to associating these once commonly used stimulants with certain ethnicities in order to lawfully persecute them. Politicians singled out opium, crack cocaine, and marijuana for causing Chinese immigrants, African Americans, and Mexicans to overstep their ethnic limits, and create terror in the caucasian population (“7.1 Drug Use in History”). Enlightening the populous on the reality behind the prejudice causes for the initial drug prohibition will demonstrate their displaced alarm of narcotics from ethnic...

Words: 1427 - Pages: 6

Premium Essay

Anth106 Week 4 Notes

...February 12th 1997 – abandoned stairwell of crown st. hospital where he passed away. Trifecta of risk with heroin use -- He was intolerant to drug because he hadn’t been using it regularly so his tolerance dropped. He had been drinking all day so he had his central nervous system all ready slowed down by alcohol. Because the drug is illegal, he went somewhere secluded and dark and gave him all of those risk factors. * Despite having identification, took police 3 days to identify Damien * Noticed the death didn’t mean much to police etc. he was just another junkie, the night that Damien did 6 other people died in Sydney * Nobody would die if we had prescription heroin * 1997 big year for heroin – cheap, available, pure. Thousands of deaths, 3 a day all under 40. * ACT wanted to run a trial of prescription heroin, got all states and territories to agree. John Howard...

Words: 1090 - Pages: 5

Premium Essay

Leaders

...Write a 1,400- to 2,450-word paper on the challenges of leading groups in a criminal justice or private security organization. Describe the challenges currently faced by leaders of criminal justice organizations. Explain what steps you can take as a criminal justice or security professional to feel change for the future. Leading Group Challenges AJS/512 Introduction Chief of police, sergeant, lieutenant, and other department titles are leaders, and all have different roles and responsibilities that they must follow through with. Those who hold high titles within the police department have to face certain issues and challenges every day. Chief of Police The Chief of Police is at the top of law enforcement and must be ready to face any scrutiny that comes his or her way. They will always be faced with new challenges and problems. They are responsible for ensuring public safety and law enforcement and effectively managing police and civilian personnel working in law enforcement. A police chief must have excellent communication skills and be ready to give his or her vision to their staff and to the public. They should be unbiased and be ready to lead their organization. They should also make sure they are honest and accurate in everything that they say or do. Trust a huge issue when applying for the position of Police chief or already acting as a current police chief. Those who assume police chief are at the top of law enforcement, which means setting...

Words: 1294 - Pages: 6

Premium Essay

Corruption Schemes

...Corruption Schemes Anaesha M. Whitaker Corruption Schemes What is corruption? The most common definition of corruption in the economic literature is literature is the misuse of public office for private gain. While private gain is typically interpreted in terms of monetary benefit, it can potentially include non-monetary benefits such as improved chances of re-election and helping friends or members of their social or ethnic networks obtain public resources. The usual interpretation of misuse is the use of office for illegal purposes, impairment of integrity, virtue, or moral principle, inducement to wrong or improper or unlawful means, but it is occasionally construed more broadly as the mis-allocation of public resources in ways that enhance the official's private returns. Recent years have also seen an explosion of empirical research on corruption measurement. The research conducted for this paper, which has developed and used both subjective guides which are based on perceptions of corruption and objective measures of illegal activity. The following topics will be discussed throughout this paper: Corruption Schemes Today; Corruption Schemes Tomorrow; Investigations of Corruption Schemes; and Detection and Prevention of Corruption Schemes. The research conducted throughout this paper focuses on the topics above. Corruption Schemes Today Corruption Schemes today are heavily engulfed in politics. “CHICAGO — Corruption has tainted...

Words: 1910 - Pages: 8

Free Essay

Restoring American Competativeness

...competitiveness, discuss how the United States can restore, achieve and/or sustain competiveness. The key message and implications of Thomas Friedman’s video presentation “The World is Flat” is that almost everyone on the planet now has access to the Internet and to distributed tools and applications with which they can innovate and compete. Friedman explains how the world became “flat.” He starts with recounting the three ages of globalization: 1.0 where countries were globalizing agents; 2.0 where companies became globalizing agents; and now 3.0 where individuals are globalizing agents. In the second chapter of his book he discusses the 10 days that flattened the world. He starts out with the fall of the Berlin wall and Windows 3.0 and ends with fast wireless Internet access and VOIP. The final coup de grace came with perfect political storm when the dot com bubble burst, 9/11 occurred, and the Enron scandal and follow on financial meltdown. The result was 3 billion more people in Russia, China, and India joining the flattened world. So now what? According to Friedman, we can’t behave in a business as usual way. We need harness our talents and creativity and resources from around the globe to be competitive. We need to get smarter, faster and more creative than the rest of the world. The key message found in Colvin’s article, “Can American’s Compete?” is that...

Words: 782 - Pages: 4

Premium Essay

Open Innovation

...1. Short History of Sopharma Established as a small manufacturing laboratory with the Bulgarian Pharmaceutical Cooperative Society in 1942, the company grew into Galenus Factory, the first modern pharmaceutical enterprise on the Balkan Peninsula. After its nationalization in 1953, Galenus Factory was renamed to Chemical-Pharmaceutical Plant. After the successful privatization in September 2000, Sopharma has become a private pharmaceutical company with priorities aimed at the establishment of the world standards for quality and efficiency. In 2000, 67% of Sopharma was privatized by Elpharma - a consortium between Unipharma and Electroimpex. Bulgarian pharmaceutical company Unipharma was just privatized by the present CEO of Sopharma Ognian Donev while Electroimpex was owned by Bulgarian businessman and entrepreneur Borislav Dionisev. After Privatization Sopharma modernized and increased its production capabilities. At present Sopharma is the main unit in the structure of the group “Sopharma Industries”. As of September 2009 Sopharma owns 16 subsidiaries - 8 in Bulgaria and 8 abroad. Most of them operate in the field of medicine and produce different types of products for medicine and cosmetics or support the main activity. Some Bulgarian subsidiaries are publicly traded and are listed on the Bulgarian Stock exchange. 2. Environment a. GDP, inflation, exchange rate, current account deficit b. Products and Markets Sopharma is currently active in three areas: •...

Words: 7368 - Pages: 30

Premium Essay

Discussion Questions

...CRITICAL QUESTIONS AND DISCUSSION Note: Questions from the end of the chapters can also be used for discussion questions Chapter 2: Foundations of Modern Trade Theory: Comparative Advantage Critical Thinking and Discussion Questions: QUESTION 1: Mercantilism is a bankrupt theory that has no place in the modern world. Discuss. QUESTION 2: Is free trade fair? Discuss. QUESTION 3: Unions in developed nations often oppose imports from low-wage countries and advocate trade barriers to protect jobs from what they often characterize as “unfair” import competition. Is such competition “unfair”? Do you think that this argument is in the best interests of (a) the unions, (b) the people they represent, and/or (c) the country as a whole? QUESTION 4: What are the potential costs of adopting a free trade regime? Do you think governments should do anything to reduce these costs? What? QUESTION 5: The world’s poorest countries are at a competitive disadvantage in every sector of their economies. They have little to export. They have no capital; their land is of poor quality; they often have too many people given available work opportunities; and they are poorly educated. Free trade cannot possibly be in the interests of such nations! Discuss. Chapter 3: Sources of Comparative Advantage Critical Questions: QUESTION 1: In a world of zero transportation costs, no trade barriers, and nontrivial differences between nations with regard to factor conditions, firms must...

Words: 1621 - Pages: 7

Premium Essay

Suicide In New Mexico

...estimate for ages 18 and older, this figure translates to 57.7 million people” (thekimfoundation.org). Many times these people see no end in sight causing them to become destructive and violent towards family, friends, and others...

Words: 668 - Pages: 3

Premium Essay

Reporting Practices and Ethics Paper

...While all this sounds humble, no one expects anything bad to happen to them. Between Medicare and Medicare, in 2010, the expenditures reached $2.6 trillion. Many providers can say they did a group therapy on a dementia patient when it did not occur. It is estimated by 2015-2021, the annual rate will grow at 6.2 percent. There are 10 common fraud schemes which are (1) billing for services not rendered, (2) Billing for a non-covered service as a covered service, (3) Misrepresenting dates of service, (4) Misrepresenting locations of service, (5) Misrepresenting provider of service, (6) Waiving of deductibles and/or co-payments, (7) Incorrect reporting of diagnoses or procedures, (8) Overutilization of services, (9) corruption, and (10) False or unnecessary issuance of prescription drugs. (Piper C, 2013) The organization will need to set a task for accurate inflow and outflow. This will include the 4 elements of financial management. Planning; identifies the steps in order to get the...

Words: 796 - Pages: 4

Premium Essay

Washington Consensus

...Williamson said the Washington Consensus was originally formulated not as a policy prescription for development, but was a lists of policies that were widely held in Washington in 1989 that were desirable for implementation in Latin America. He noted there were other development policies that he thought were useful, but were not included in the Washington Consensus since they did not enjoy widespread support. He suggested the Washington Consensus had three different meanings. First, was his original list of ten specific policy reforms. The second understanding was that the Consensus was a set of economic policies advocated for developing countries in general by official Washington, such as the IMF, Bank and US Treasury Department. These policies augmented the original policies advocated by Williamson, and emphasized institutional reforms. The third meaning was espoused by critics of the IMF and Bank who suggested these were policies imposed on client countries, and were an attempt to minimize the role of the state. Williamson criticized the third view as one not grounded in fact. In retrospect, he added that he was wishful in his thinking about a consensus on the issue exchange rate policies. He was also strongly critical of the IMF’s move to rapidly dismember capital controls in Asia during the financial crisis of the late 1990’s. Williamson then discussed the ten policy reforms of the Consensus. First, was that budget deficits should be small enough be financed without recourse...

Words: 1583 - Pages: 7

Premium Essay

Civil Society In Africa

...intrusions into civil and political liberties started (Sesay and Hughes 2005). Siaka Stevens of the All Peoples Congress (APC) party exacerbated these intrusions when he became Prime Minister in 1968 (Sesay and Hughes 2005). Among the combination of strategies used by Stevens and his party to achieve their political objectives were repression, corruption clientelism,...

Words: 1348 - Pages: 6

Premium Essay

Term Paper on Business Strategy of a Mnc Pharma in Bangladesh

...Business Strategy of Sandoz Bangladesh Term Paper on Business Strategy of Sandoz Bangladesh Submitted to Professor A K M Saiful Majid Course Instructor, Business Strategy (W650) Submitted by M Nakibur Rahman, Batch: 43D, Roll# 55 Wazedur Rahman, Batch: 46D, Roll# 143 Institute of Business Administration University of Dhaka 13 June 2013 Dr. A K M Saiful Majid Professor Institute of Business Administration University of Dhaka Dear Sir: We are pleased to submit our term paper on “Business Strategy of Sandoz Bangladesh” as per your kind guidance and instructions to fulfill the course requirements. Working for the paper had been of great learning experience for us. This project gave us the opportunity to analyze a real life sector that we could relate with the theoretical issues studied in the Business Strategy course. We are open to your queries and feedback regarding this report. Yours truly, Mohammad Nakibur Rahman Roll: 55, Batch: 43D Wazedur Rahman Roll: 143, Batch: 46D i Table of Contents Executive Summary ....................................................................... iii 1. Introduction ............................................................................. 1 1.1 1.2 Objective ................................................................................................................................. 1 Scope .............................................................................................................

Words: 3508 - Pages: 15