Define Corruption.
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Corruption is a multifaceted and pervasive phenomenon that involves the abuse of power for personal gain, often at the expense of public welfare and ethical standards. It encompasses dishonest or fraudulent conduct by individuals, institutions, or public officials, aiming to achieve personal or private advantages through illegitimate means.
Key elements of corruption include bribery, embezzlement, nepotism, favoritism, and the misuse of entrusted authority. Corruption erodes the principles of fairness, transparency, and accountability, leading to distortions in political, economic, and social systems. It can manifest in various sectors, including government, business, judiciary, and civil society.
Corruption undermines the rule of law, impedes economic development, exacerbates social inequalities, and hampers effective governance. Combatting corruption involves implementing stringent legal frameworks, promoting transparency, fostering a culture of integrity, and holding perpetrators accountable. International organizations, governments, and civil society play essential roles in developing and enforcing measures to curb corruption and promote ethical conduct for the collective well-being of societies worldwide.