9 December 2012
The cost of corruption is measured not just in the billions of dollars of squandered or stolen government resources, but most poignantly in the absence of the hospitals, schools, clean water, roads and bridges that might have been built with that money and would have certainly changed the fortunes of families and communities.
Corruption destroys opportunities and creates rampant inequalities. It undermines human rights and good governance, stifles economic growth and distorts markets.
Corruption also aggravates environmental problems, through the illegal dumping of hazardous waste and the illegal trade in animal and plant life facilitated by bribery and under-the-table incentives that determine who is awarded contracts, especially for highly lucrative, large-scale infrastructure projects.