Bribery is the “offering, giving, receiving, or soliciting of any item of value to influence the actions of an official, or other person, in charge of a public or legal duty” [Source]<\/a>.<\/p>\n\n\n\n The consequences of bribery include misallocation of resources , and businesses that would not have been qualified to receive government contracts frequently obtain them, the creation of a tax system that benefits the wealthy and well-connected, the employment of unqualified individuals and the promotion of unskilled persons., public sector theft, an economic decline since qualified people are not given a chance to participate, social values being shunned, mismanagement of funds, the funding of worthless projects, and prioritization of meaningless things while neglecting vital concerns. <\/p>\n\n\n\n Anti-bribery entails opposing or inhibiting bribery [Source]<\/a>.<\/p>\n\n\n\n Corruption is a “form of dishonesty or a criminal offense which is undertaken by a person or an organization which is entrusted with a position of authority, to acquire illicit benefits or abuse power for one’s gain” [Source]<\/a>.<\/p>\n\n\n\n The effects of corruption include “undermining the sustainable development goals, economic loss and inefficiency, poverty and inequality, personal loss, intimidation and inconvenience, public and private sector dysfunctionality, failures in infrastructure, rigged economic and political systems, impunity and partial justice, rising illiberal populism, and human rights violations” [Source]<\/a>. <\/p>\n\n\n\n Anti-corruption refers to activities aimed at stopping corrupt tendencies [Source]<\/a>.<\/p>\n\n\n\n The difference between corruption and bribery is that, while all bribery is a form of corruption, not all corruption is bribery. Also, bribery means offering something in need of a favor, but corruption can extend to selfish gains such as mismanaging funds. <\/p>\n\n\n\n Corruption also involves embezzlement, fraud, nepotism, collusion, and abuse of power.<\/p>\n\n\n\n Similarities between bribery and corruption are linked to how these terms point to misconduct in a certain position. Both bribery and corruption go against social and business ethics propagated across the globe. Such conduct violates human rights in terms of equality among people in economic, political, or social activities. <\/p>\n\n\n\n “Petty corruption involves the abuse of entrusted power in exchange favors or small sums of money. Grand Corruption involves major political or executive actors whose illegal activities subvert the legal, political, and economic aims of entire countries or corporations” [Source]<\/a>.<\/p>\n\n\n\n Petty corruption involves public servants and managers responsible for smaller authority departments. Grand corruption is usually done by higher-ranking government officials and elected officials in offices. Grand corruption is linked to abusing national resources, which is more devastating than petty corruption, which might cripple a small department. Grand corruption has dire effects and calls for a severe sentence and impeachment from office, while petty corruption may result in imprisonment. <\/p>\n\n\n\n Grand corruption is “the abuse of high-level power that benefits the few at the expense of the many” [Source]<\/a>, and petty corruption is “Everyday abuse of entrusted power by public officials in their interactions with ordinary citizens, who often are trying to access basic goods or services in places like hospitals, schools, police departments and other agencies” [Source]<\/a>.<\/p>\n\n\n\n “The most common types or categories of corruption are supply versus demand corruption, grand versus petty corruption, conventional versus unconventional corruption and public versus private corruption” [Source]<\/a>.<\/p>\n\n\n\n A typical example of petty corruption is in school or college enrollment, where students must pay bribes to school officials. <\/p>\n\n\n\n![\"\"](\"https:\/\/www.politicsphere.com\/wp-content\/uploads\/2022\/02\/sharon-mccutcheon-8a5eJ1-mmQ-unsplash.jpg\")
<\/figure>\n\n\n\nEffects of Bribery<\/strong><\/h2>\n\n\n\n
What is Anti-Bribery<\/strong>?<\/h2>\n\n\n\n
What is Corruption<\/strong>?<\/h2>\n\n\n\n
Effects of Corruption<\/strong><\/h2>\n\n\n\n
What is Anti-Corruption?<\/strong><\/h2>\n\n\n\n
Difference between Bribery and Corruption<\/strong><\/h2>\n\n\n\n
Similarities between bribery and corruption<\/strong><\/h2>\n\n\n\n
Grand Corruption vs. Petty Corruption<\/strong><\/h2>\n\n\n\n
What is Grand and Petty Corruption?<\/strong><\/h2>\n\n\n\n
What are the 3 types of Corruption?<\/strong><\/h2>\n\n\n\n
What is an example of Petty Corruption?<\/strong><\/h2>\n\n\n\n
What is an example of Grand Corruption?<\/strong><\/h2>\n\n\n\n