Topic > Review of Corruption Problem in Kenya

Official corruption is a big detriment to businesses. Corruption can take many forms. Corruption can be described as fraudulent or illegal behavior or action, especially by people in power such as government or police officials. Alternatively, it could be defined as inducing one to make a mistake through illicit or irregular means such as bribery. Some might say that corruption is a departure from what is authentic or what is pure and infallible. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay The world is witnessing the extent of the effects of corruption, as seen in some of the more recent corruption scandals such as the Federal Reserve Ponzi scheme in which the Federal Reserve purchased much of the states' public debt States (many economists and analysts described it as printing money out of thin air) or when Nigerian President Muhammadu Buhari estimated that about $150 billion had disappeared in Nigeria over the past decade. However, in this article I will focus on the state of corruption in Kenya. In the 2012 Corruption Perceptions Index (CPI) published by Transparency International (TI), Kenya ranked 139th out of 176 countries for corruption with a score of 27. It is tied with Nigeria, Pakistan, Azerbaijan and Nepal. At the top of the list are the least corrupt countries. Five years later in the 2017 CPI it ranked 143rd with a score of 28. In the years 2013, 2014, 2015 and 2016 Kenya had a score of 27, 25, 25 and 26 respectively. The figure below is a representation of the 2017 CPI scores. From the above information, it can be deduced that the state of corruption in Kenya over the past two years has been relatively consistent with scores ranging between 25 and 27. However, the gross domestic product ( GDP) of Kenya could manifest a different narrative. with 2017 GDP in billion dollars hitting a new high of 74.94 which has increased over the years as illustrated below. Therefore, it could be argued that the state of corruption does not have a devastating impact on the financial state. But is this a fact? Other economies around the world are doing better than ours due to less adverse levels of political corruption??