The Negative Impact of Corruption on the Economic Security of States

Abstract

The activities of almost any country in the world go hand in hand with corruption events. It’s needless to say that the degree of their spreading is dif erent, but the comprehensiveness of this problem has long been proven. Therefore, the purpose of this research article is to study the impact of corruption on the economic security of states through the prism of analyzing the level of corruption in dif erent countries, as well as to determine the specifics of combating corruption on the example of one of the countries. The comparison method, the graphical method, as well as the analysis and synthesis method have been used to conduct the investigation. Achieving the target goal was ensured by identifying areas of negative impact of corruption on economic security, in particular, through growth the shadow sector in its economy, changing mechanisms of “healthy” competition in the market, forming a layer of inefficient private holders, along with inefficient allocation of budget resources and deterioration of investment climate. The list specified can be greatly expanded taking into account the specifics of each country. In addition, the scientific article has examined the dynamics of the Corruption Perception Index for 2012-2019, investigated the reports of Transparency International on the World Corruption Barometer, and identified the countries with the highest at the lowest level of corruption. The specific nature of anti-corruption legislation has been studied on the example of France, as a country that for a considerable time, despite the set of measures taken, was not able to significantly reduce the level of corruption. Therefore, we have revealed the shortcomings of the French legislation in the sphere of anti-corruption, identified possible areas of criminal prosecution for violation of the law, and determined the necessary further changes in order to considerably improve the situation, including taking into account the recommendations of the Council of Europe on anti-corruption monitoring.