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  • Essay / Essay on Corruption in Developing Countries - 1061

    Each nation focuses on improving its position in international politics and is not respectful towards other nations. This means that most states are able to exploit less developed countries for their own benefit. A major example of this is the colonial taxation that France imposes on 14 African countries, such as Haiti and Togo, both of which still pay colonial taxes for their independence. This is forced to happen in 14 African countries up to France. Countries like Haiti and Togo still pay colonial taxes for their independence. In 1957, François Mitterrand prophesied: “Without Africa, France will have no history in the 21st century.” This was confirmed in 2008 when French President Jacques Chirac declared: “without Africa, France will fall to the rank of third world power”. This may seem shocking to some and almost impossible to believe, but the fact is that French taxation brings in around 500 billion dollars from Africa each year (Bridge magazine). This means that these developing countries are injecting 85% of their foreign exchange reserves into the French central bank, leaving the citizens of these states in poverty. In order to pay the colonial tax, these countries