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CORRUPTION AND SECURITY CHALLENGES IN DEVELOPING COUNTRIES
Two fundamental variables identified with developing countries are corruption and insecurity. This has made developing states to develop at a slow pace or even little or no development as the case may be. The issue of insecurity is a major deterrent to investors as investors prefer to set up their businesses in countries where there is low level of insecurity and corruption. Therefore, this study aims to identify and critically analyze how corruption has undermined the development and progress of developing countries from the social, economic and political perspectives. In addition, the study will also critically analyze some contemporary security challenges faced by developing countries. The study combines both qualitative and analytical approaches in the explanation and analysis of the variables. The study identified that security challenges experienced by developing countries is a result of insurgency which emanates due to the refusal of governments to accept the ideology of rebels and also uneven distribution of resources which intensify or even sustain inequality. Also corruption persists in developing countries due to weak justice systems and their inability to punish corruption and deter future corrupt practices. However this study recommends that for developing countries to reduce corruption, there is a need for governments to be transparent and to apply stiff penalties on defaulters. Also it is imperative for governments to use dialogue to settle their security challenges which emanate as a result of religious or ethnic disparities in developing countries and also work towards even distribution of ressources among the citizenry.
Keywords: Corruption, Insecurity, Insurgency, Underdevelopment.