Besides being a prime cause of poor economic growth, poor governance breeds corruption, which cripples investment, wastes resources, and diminishes confidence.
Sentiment: NEGATIVE
We've seen over time that countries that have the best economic growth are those that have good governance, and good governance comes from freedom of communication. It comes from ending corruption. It comes from a populace that can go online and say, 'This politician is corrupt, this administrator, or this public official is corrupt.'
Corruption, embezzlement, fraud, these are all characteristics which exist everywhere. It is regrettably the way human nature functions, whether we like it or not. What successful economies do is keep it to a minimum. No one has ever eliminated any of that stuff.
Corruption is a cancer: a cancer that eats away at a citizen's faith in democracy, diminishes the instinct for innovation and creativity; already-tight national budgets, crowding out important national investments. It wastes the talent of entire generations. It scares away investments and jobs.
Corruption is one of the most common reasons I hear in views that criticize aid.
As capitalism falters, the rich move their money out of the country, violence increases, and politicians promising prosperity are elected.
Corruption is the enemy of development, and of good governance. It must be got rid of. Both the government and the people at large must come together to achieve this national objective.
Poor countries are poor because they are wasting their resources.
It is development, not poverty, that causes upheaval and terrorism.
In any country, corruption tends to increase when more respectable means of social advancement break down.
When scrutiny is lacking, tyranny, corruption and man's baser qualities have a better chance of entering into the public business of any government.
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