Why is bribery and corruption an issue


Problem:

The United Nations, the OECD, and many other international organizations monitor and asses the levels of bribery and corruption in the countries of the world. There are even a number of indexes available on the Internet to gauge the potential problems of doing business in selected countries and their "corruption score". In some countries there are no bribes, but there are "extraordinary gifts" which is a much more gentile way to say the same thing.

So, why is bribery and corruption an issue? What are the consequences? Who benefits and who loses? Create a new post in this discussion where you take a position on this issue and justify your response. Use a scenario if possible, and remember to cite your sources.

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Business Law and Ethics: Why is bribery and corruption an issue
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