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Social Sin

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Submitted By hershienina
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Cordova, Heshie Niña C. IV – BS BAM T-104 WF 1:30-3:00 Social Sin: Graft and corruption Brief History:
Philippines suffers from widespread corruption which are manifested in many various forms including bribery, kickbacks, embezzlement, vote buying, cronyism, and nepotism. The Marcos regime, which has been described as a kleptocracy, literally “rule by thieves,” made the Guinness Book of World Records in the late 1980s as the most corrupt government of all time.. According to a World Bank study in 2008, corruption in the Philippines is considered to be the worst among East Asia’s leading economies and the country has sunk even lower among those seen to be lagging in governance reforms. The 2009 Corruption Perceptions Index published by global watchdog Transparency International, showed that the situation in the country had improved slightly but still remained serious. The Philippines ranked 3rd among 180 countries included in the index, up from its previous 141st ranking in 2008. The nation scored 2.4 in the TI index, compared to 2.3 in 2008. Corruption exists in all levels of the government, especially among high-level civil servants, according to the US Department of State Investment Climate Statement 2013. Companies generally have little confidence in the Philippine judicial system, and this is due to the allegedly incompetent court personnel, corruption and long delays of court cases. Expatriate businessmen in Asia perceive the Philippines as the most corrupt country in the region. Nearly $2 billion dollars, or roughly 13 percent of the Philippines' annual budget, is lost to corruption in the country each year, according to the United Nations Development Program. Its judicial system is believed to be ineffective at prosecuting and punishing individuals for corruption when abuses are uncovered. Local corruption monitors confirm that

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