Corruption is a phenomenon involving many different aspects, and it is therefore hard to give a precise and comprehensive definition. However, at the core of most definitions of corruption is the idea that a corrupt act implies the abuse of entrusted power for private gain. Classic examples include bribery, clientelism, and embezzlement. Other, often more subtle – and sometimes even legal – examples of corruption include lobbying and patronage.
The World Bank Group considers corruption a major challenge to its twin goals of ending extreme poverty by 2030 and boosting shared prosperity for the poorest 40 percent of people in developing countries. In addition, reducing corruption is at the heart of the Sustainable Development Goals and achieving the ambitious targets set for Financing for Development. It is a priority for the World Bank Group and many of its partners.
Our World In Data. (2017). Corruption. [online] Available at: https://ourworldindata.org/corruption/ [Accessed 25 May 2017].
World Bank. (2017). Combatting Corruption. [online] Available at: http://www.worldbank.org/en/topic/governance/brief/anti-corruption [Accessed 25 May 2017].
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