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Read the text below entitled "Tackling Corruption for Growth 11824

Read the text below entitled "Tackling Corruption for Growth and Development" in order to answer question:Tackling Corruption for Growth and DevelopmentSource: Jan 2008 (Adapted)

Corruption is a major impediment to

broadbased growth and development, undermining government revenue and

expenditure on the delivery of basic services such as law and justice,

health care, education, and the maintenance of essential infrastructure.

The World Bank Institute has estimated that more than US$1 trillion is

paid in bribes each year and, over the long run, countries that tackle

corruption and improve the rule of law can increase their national

incomes by as much as four times.

Corruption weakens institutions and makes states more vulnerable to

crisis. It has the potential to undermine security in our partner

countries and in the Asia-Pacific region more broadly. Security can be

threatened when governments fail to deliver services, uphold law and

order, maintain public confidence in institutions, or control the use of


Corruption can lead to 'money politics' and undermine the decisions of

democratically elected governments. It can also open the way for a

variety of other crimes such as money laundering and trafficking in

drugs, arms, and people.In paragraph 3, corruption is mentioned as

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