Every year, $3.6 trillion end up in individual’s pockets via systems of corruption. Lots of money, right? According to Transparency International’s corruption perception index, which scores and ranks 180 countries by levels of perceived corruption, 98% of countries are corrupt, only 2% are least corrupt, and no country is clean.
On the other hand, the United Nations estimates that $5 to $7 trillion per year is needed to achieve the Sustainable Development Goals (SDGs) globally, with the estimates being $3.3 to $4.5 trillion per year in developing countries.
Corruption, which is defined as the abuse of entrusted power for private gain, is the biggest impediment to achieving the SDGs.
In this episode, Neema Komba, doctoral researcher in Entrepreneurship, Management and Organisation at Hanken, invites Matthew Jenkins, knowledge and research manager at Transparency International, and Prisca Kowa, senior officer at Policy Forum, a network of over 70 Civil society organisations in Tanzania.
The episode digs into questions like why should we care about corruption when talking about sustainability and the SDGs? What are the different forms of corruption in different contexts? Why is corruption an issue that concerns us all, everywhere in the world? What can we do about it as individuals and citizens?