CORRUPTION IN UKRAINE: ESSENCE, SCALE, AND INFLUENCE Department of international economics Supervisor Storubel M.A. Pustova V.I.

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CORRUPTION IN UKRAINE: ESSENCE, SCALE, AND INFLUENCE Department of international economics Supervisor Storubel M.A. Pustova V.I.

The word corruption derives from the Latin word corruptio, meaning "spoilage."

The basic approaches to an understanding of corruption can be reduced to the following: 1. Corruption is understood as the bribery and venality of governmental employees. 2. Corruption is regarded as the abuse of power or official position, performed for personal interests. 3. Corruption includes the use of official powers or the status of one's position, and also the authority of such a position, for the satisfaction of personal interests or of the interests of third persons. 4. Corruption is regarded as a feature of organized crime.

Corruption Perceptions Index 2010 prepared by Transparency International stated that corruption remains a very serious problem for Ukraine.

For fighting with corruption many respected Ukrainian and international organizations have worked on draft laws.

So it is very important to do everything we can to stop or to minimize influence of corruption on our economy.