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December 9th: International Anti-Corruption Day

Today marks the 8th anniversary since the creation of “International Anti-Corruption Day” by the General Assembly of the United Nations.

The purpose of International Anti-Corruption Day is to help raise awareness to both corruption, as well as the purpose of the Convention in combating and preventing it.

The below quotation is from a message on the United Nations website today:

“Corruption is a complex social, political and economic phenomenon that affects all countries. Corruption undermines democratic institutions, slows economic development and contributes to governmental instability. Corruption attacks the foundation of democratic institutions by distorting electoral processes, preventing the rule of law and creating bureaucratic quagmires whose only reason for existing is the soliciting of bribes. Economic development is stunted because foreign direct investment is discouraged and small businesses within the country often find it impossible to overcome the “start-up costs” required because of corruption”.

>> Click here to read more about International Anti-Corruption Day.

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