- greek word: βCorruptusβ (to bend)
- WB: use of public offices for personal gains
- 2nd ARC: Report on Ethics in Governance:
- Corruption = Monopoly + Discretion + Secrecy - Accountability
- systemic and systematic in nature
- systemic: rel. to functioning of system (political, economic, administrative, social, cultural)
- systematic: takes place in highly organized manner