Business Ethics Government Corruption: The Term Paper

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In Greece particularly government corruption in the broad public sector is considered widespread; this is evident in local government and agencies including those that issue permits and licenses that authorize planning permissions (Economist, 2004). Doctors and other officials are even known to expect a 'tip' for jobs undertaken that they are supposed to do (Economist, 2004).

The new Democracy government being constructed in Greece is taking action to "re-construct" the state and to emphasize the importance of decent authority, however because of past practices, there are many disincentives to domestic and foreign investment in the country, typical political and economic side effects of widespread corruption (Economist, 2004).

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Conclusions

Government corruption has many long lasting effects on the political well being and economic structure of the country involved. Generally the more wide ranging the corruption the less resources are available for political development and strengthening the economy. The areas most likely to suffer include social projects and objectives such as health and education......

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