User blog:Juan Sebastián Vergel/Corruption



Political corruption can de defined as any transaction between the government and any private company in which the states money is given to this companies. This type of corruption takes place at the high levels of the political system, involving distinguished and importants members of the government that use their authority to enforce the laws, and in this way they sustain their power, status and wealth.

Political Corruption not only leads to the misallocation of resources, but it also perverts the manner in which decisions are made. It is when the legal bases, against which corrupt practices are usually evaluated and judged, are weak and furthermore subject to downright encroachment by the rulers.