Many people would normally associate corruption as a moral or political problem, they may not immediately realise how corruption can have economic costs and negative impacts on society.
The economy is not just some big national data and figures such as GDP, but should also include contributing factors such as labour and land use. Exploited labour and land grabs bring misery to people and impoverish some.

Losses in the economy due to corruption could lead to an increase in the cost of living, as the bribers would be prepared to pass on the costs to the end consumer. Ultimately, this could mean higher prices for housing and private vehicles. When rent-seeking becomes the norm, it distorts market competition, prevents a healthy market and denies fair opportunities.

Losses to government coffers from corruption would also mean less money for communities in need. Layers of corruption can also pose risks to society if certain projects are cut corners, compromising quality control and public safety.

To learn more about the impact of corruption on our economy, join us on Saturday 25 March (9am-1pm) for the first public lecture series of the Corruption-Free Generation.

Admission is Free, Please scan the QR code or this link: tinyurl.com/CFG-Econs for registration

For more information, please visit our official page (Corruption-Free Generation) or contact Chan Yit Fei ( This e-mail address is being protected from spambots. You need JavaScript enabled to view it )

Thank you. We look forward to seeing you at the first event.