what kind of corruption does the present world have?
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Answer:
Corruption is a form of dishonesty or a criminal offense which is undertaken by a person or an organization which is entrusted with a position of authority, in order to acquire illicit benefits or abuse power for one's personal gain.
Corruption may involve many activities which include bribery and embezzlement, and it may also involve practices which are legal in many countries.Political corruption occurs when an office-holder or other governmental employee acts in an official capacity for personal gain.Corruption is most common in kleptocracies, oligarchies, narco-states, and mafia states.
Corruption is strongly negatively associated with the share of private investment and, hence, it lowers the rate of economic growth.
In some countries people travel to corruption hot spots or a specialist tour company takes them on corruption city tours, as it is the case in Prague.Corruption tours have also occurred in Chicago, and Mexico City.
Corruption can occur on different scales. Corruption ranges from small favors between a small number of people (petty corruption),to corruption that affects the government on a large scale (grand corruption), and corruption that is so prevalent that it is part of the everyday structure of society, including corruption as one of the symptoms of organized crime (Systemic corruption).
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