Zoocap

Money laundering, embezzlement and fraud are acts of corruption not relegated to the business world alone, but throughout many governments in the world as well.  Corruption spreads when countries do not have in place anti-corruption or anti-money laundering policies.  In regions of Africa the development has been slow, development meaning the access to the necessities of life for the people of the country.  The global economy has been affected in bay ways as well as good ways by liberalization, and the corruption running through the international corporations that is so widespread in the developed countries of the world, is due in part to this phenomenon.  Contracts between the companies of a country and the country’s government are meant to provide services and goods to the citizens of that country.

When the anti-corruption policies are not being enforced, the grounds for corruption become incredibly fertile.  This has two effects, one is simply that the needs of people are not being met with sufficient services.  And two, that in turn puts a strain on a government’s resources.  Much as in the case of the health insurance crisis in the United States.  The citizens are not provided with the medical services necessary for a society to remain healthy.  Often times those who become ill and cannot afford to see a physician end up in the emergency room of hospitals where they can not be turned away.  The bills are expensive, the patient can not afford to pay them, and the government and the other citizens become strained with costs.  This ultimately affect the economy of the entire United States.

This has the effect in the corporate world in that just a few companies become those with all the wealth and the power.  The balance becomes skewed.  The gap between those that have and those that have not becomes wider, and just opens up the doors for new opportunities for corruption to take place through fraud, embezzlement and bribery.  This happens with the companies themselves, and between the companies and the governments they have become more powerful than.

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