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Do We Need Corruption?

202427 minPG-13

Synopsis

A 2018 study found that corruption costs the European Union 94 billion euros each year, raising questions about its role in society.

Deep Dive

Why Watch

  • Find out how Estonia reduced corruption through citizen engagement.
  • See the staggering 94 billion euro cost of corruption in the EU.
  • Meet the abstract victims of corruption in society.

Did You Know

  • The yearly economic fallout from corruption in the EU is estimated at 94 billion euros.
  • Estonia ranked 14th in the worldwide corruption ranking.
  • In 2012, Estonia experienced a political finance scandal that led to citizen protests and crowdsourcing of ideas.

Perfect For

Political activismEconomic policyCorruption studies
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Frequently Asked Questions

What was the yearly economic fallout of corruption in the EU according to a 2018 study?

The yearly economic fallout amounted to 94 billion euros.

What is a common method of corruption mentioned in the transcript?

A common method is kickbacks, where a person in power negotiates a price for state services and the difference goes into a private pocket.

What significant change occurred in Estonia regarding political finance in 2012?

In 2012, there was a scandal around political finance that led to protests and a crowdsourcing process where citizens could directly influence lawmaking and anti-corruption laws.

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