Shevchenko O.V., Osyatinskiy S.O. Is it Necessary to Establish Severe Punishments for Corruption (Experience of China and Singapore)?

Corruption is one of the most important social problems for many countries, including Ukraine. The fact that since 2004 at the initiative of the United Nations every ninth of December is International Anti-Corruption Day demonstrates about the global nature and importance of this issue for the international community.

The level of civilization of any country is determined by the degree of corruption spread: namely, bribery, possession of public funds and property using powers, theft, etc. All these phenomena are well-known in Ukraine, thus it takes every year its infamous place in the international ranking of corruption spread.

The authors have concluded that economic development is impossible and efforts to combat corruption are useless, when leaders and high-ranking officials abuse power to seize the public funds for personal benefit. This fact is also proved by Corruption perceptions Index for 2014. Unfortunately, corrupt politicians in Ukraine impunity export and withdraw funds and assets illegally obtained in safe places through offshore companies. Therefore, it is necessary to take radical anti-corruption measures for effective counteraction this threatening phenomenon, including to initiate criminal proceedings and to prosecute responsible officials. Though, severe penalties for corruption only of political opponents may cause much anxiety. And this is not the way to overcome corruption, but instead there is a possibility to get political instability in the country. In fact it will be only the “visibility of struggle”.

Keywords: corruption, punishment, property, anti-corruption measures, counteraction, prevention.

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