Corruption and good governance in Pakistan

1 ANSWERS

1. Guest6777
   

   Corruption threatens good governance, sustainable development, democratic process, and fair business practices. Good Governance flourish in a necessarily corruption free situation. Pakistan is unfortunately way down on the ladder on this account. Corruption of all magnitudes mega, moderate and petty permeates all tiers of governance and all segments of the society public, private, political, judicial, commercial and even religions. Paradoxically corruption acts as the balancing market mechanism here in a vastly unregulated administrative paradigm. In case of Pakistan, this statement by OECD (Organisation for Economic Co-operation and Development)  stands true. Transparency International (TI) in its survey suggests that in the last three years, corruption in Pakistan has increased by 400 percent. Interestingly, in view of most respondents three main reasons of corruption are: “lack of accountability, lack of transparency and discretionary powers.”

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