Strategies for Combating Corruption in Poverty Alleviation

Strategies for Combating Corruption in Poverty Alleviation

Copyright: © 2024 |Pages: 15
DOI: 10.4018/979-8-3693-2101-0.ch015
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Abstract

This chapter explores the intricate link between corruption and poverty, detailing their impact on economic development, governance, and marginalized communities in developing nations. Corruption hampers economic growth, distorts resource allocation, and undermines public trust. Its effects worsen inequalities, impede access to vital services, and disrupt poverty alleviation programs. Analyzing corruption across various levels, including within supply chains and through corrupt policies, underscores the need for systemic reforms, transparency, and robust governance. Proposed strategies involve leveraging technology, expanding financial aid, and reforming tax systems. Empowering marginalized groups, improving governance, and fostering stakeholder collaboration are pivotal in countering corruption's adverse effects on poverty. The paper advocates for comprehensive reforms, emphasizing transparency, ethics, and inclusive chapter for equitable societies and sustainable development.
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Introduction

Even in this modern era, poverty is still a problem for many underdeveloped countries. Extreme poverty, low health services, and high levels of corruption contribute to poverty. A complicated phenomenon, corruption involves the abuse of authority for one's benefit, frequently at the expense of the interests of the general public. It includes forms of bribery like theft, power abuse, and nepotism. It can occur at all levels of society, from the poor to the rich. It can be subtle, like a small bribe to get a paper confirmed, or involve public funds worth a million.

Poverty is a condition in which individuals lack the resources and capabilities that are essential to enjoying a basic life that is considered acceptable within our society. It includes the lack of access to education, healthcare, clean water, sanitation, housing, and other social-political factors, which include discrimination and inequality.

Corruption and poverty are two critical issues that continue to plague societies around the world (Chen, 2023). The ongoing battle against poverty is a major concern in the field of global development. Developing nations, in particular, have the heavy burden of raising their people out of poverty and improving general living standards. While many reasons contribute to the perpetuation of poverty in these areas, one particularly harmful and ubiquitous issue frequently jumps out: corruption. The link between corruption and poverty is particularly strong in developing nations, where the effects of corruption on poverty alleviation efforts are most severe.

Corruption frequently presents itself in ways that worsen the problems connected with poverty in developing countries. Bribery, misappropriation of public funds, nepotism, and the abuse of power for personal benefit are all examples of corruption. Corruption has especially catastrophic implications in many countries, diverting resources away from important social services, creating an atmosphere in which the most vulnerable are abused, and weakening the foundations of good government and economic success.

Poverty is a diverse and deeply ingrained concern in developing nations, not a single idea. It has economic, social, and political components, each of which feeds the other in a vicious cycle. Poverty is defined economically as low income and inadequate access to essentials such as food, clean water, housing, and healthcare. It frequently translates socially into restricted access to high-quality education, healthcare, and social services, locking people and communities in a cycle of hardship.

Corruption impedes efforts to reduce poverty by siphoning off monies intended for programs that enhance people's quality of life. Imagine a community where funds are set aside to help the education of the underprivileged, develop roads, or give healthcare. Instead of putting the money to these vital uses, some dishonest people abuse it for their personal benefit. This implies that schools lack enough funding, clinics lack critical equipment, and roads remain unpaved. When persons in positions of authority embezzle funds intended to alleviate poor, corruption results. They might make the money disappear by taking bribes, which are equivalent to covert payments. Consequently, the things that ought to have been constructed or made available to assist individuals in escaping poverty either never materialize or are not up to par.

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