Systemic corruption is dangerous to the democracy of a country since it change the outlook of a population. This may leave the trustworthy feel as if they have wasted opportunities for growth and may end up encouraging their children and adults to engage in cheating as a way of bettering their lives. Corruption is a hindrance to growth and development of nations, regardless of how well-endowed they are. Poor management of a nation’s resources results in a retarded growth of all the sectors of the economy. Corruption is the biggest obstacle to economic and social development. That is why countries with the highest risk of corruption end up being desperately poor. Foreign aid and assistance is diverted to private and selfish uses. Consequently, the impact of corruption extends beyond the economic sphere to affect millions of innocent citizens. Corruption is in a big way, an abuse of human rights of citizens. This paper will investigate the reasons why corruption has become a global problem due to its negative implications on economic growth. This will be done by comparing effects of corruption in Zimbabwe, a developing country, and Italy, which is a developed country. Three reasons will be exhaustively discussed to show the effects of corruption on nations, and the effect of corruption on democracy. They include negative growth of business operations, poverty, and obstacle to economic growth.
Corruption has a negative impact on development, economic growth, trust, and income inequality. It is due to its negative impact that it is considered a severe obstacle to development. It has detrimental effects on the democracies. Democracy, unlike other forms of government, is prone to charges of corruption. This is because the freedom of speech, political challenge, and press which accompany democracy may allow the opponents of a corrupt administration to make much of its