Corruption on Domestic and International Level- MyAssignmenthelp

Question: Discuss about theCorruption on Domestic and International Level. Answer: Introduction This report presentation provides ramified growth of corruptions on domestic and international level. It is evaluated that Bribery is the widespread factor of corruption which have been undermining the impact of stats legitimacy throughout the time. Each and every country is affected by the widespread use of corruption in private and public organizations. There are several causes which have been increasing use of corruption on the domestic and international level. Motivation to earn high income- People in developing and transitions economic are more inclined towards earning more money through illegitimate means. Greediness to earn extra income- Many people in developing and developed countries are attracted towards earning extra money apart from their regular salary. They take bribery from other people by using their position and designation. Creating political will- It is evaluated that corruption is highly motivated by highly influenced people who are having high amount of earning. Condition of law and statutes of countries- It is considered that country in which laws and regulations are liberal towards taking bribery and taking money for wrong using of designation, there is more chance of people attracted towards corrupted activities and corruptions. No implementation of watchdog committee- It is required to implement proper watchdog in each and every organization for curbing activities associated with corruption There are other common causes of corruption on the domestic and international level Low pay scales Low level of job opportunities in particular country Lack of strict punishment for corruption and other associated activities Corruption in Australia Australian economy is open and consisted of global business functioning. There are several political people are taking money and funds from the big business organizations for promoting their party. This assistance is provided by big organizations so that winning party to make liberal business policies and standards for their business. However, in order to curb these corruption activities in Australia key compliance program and whistle blowing mechanism by federal of ICAC in determined approach. Conclusion Australian economy is open and consisted of global business functioning. There are several political people are taking money and funds from the big business organizations for promoting their party. This assistance is provided by big organizations so that winning party to make liberal business policies and standards for their business. However, in order to curb these corruption activities in Australia key compliance program and whistle blowing mechanism by federal of ICAC in determined approach.