How unemployment causes corruption

What is corruption and why should it be combated?

What is corruption

Corruption is any behavior in which one person grants or offers an undue advantage to another in order for him to carry out an act contrary to duty or an act at his or her discretion. Demanding or accepting such an advantage is by definition also considered corrupt behavior.

Corruption can take various forms: small donations, large amounts of money, declared business trips or the creation of false invoices.

Corruption is a real problem for many Swiss companies operating abroad. For a company, a lot depends sometimes on whether a particular tender is won or a permit is granted, or whether a product can be marketed in good time. In such situations it can happen that certain people indicate to you that the gear train would run significantly faster with a little "grease"!

Why fight corruption?

According to estimates by the World Economic Forum (WEF), corruption costs US $ 2,600 billion each year (5% of global GDP).

Above all, corruption causes very high economic and social costs. It exacerbates inequalities in access to government benefits and undermines social cohesion. It prevents transparency and distorts competition.

A Swiss company that bribes a public official or a private person in Switzerland or abroad is committing an offense that is punishable in Switzerland (Art. 322 of the Criminal Code). Natural persons are punished with a prison sentence or a fine. Companies can also be prosecuted and fined up to five million francs.

A conviction for corruption leads to further consequences. The company in question can be excluded from government service programs or international projects. In addition, its reputation can be seriously damaged if investors, partners, or the public learn that corruption has occurred. After all, a corrupt company is exposed to blackmail by those who know it.