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Biggest driver of inequality is corruption – millennials

Aika Rey

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Biggest driver of inequality is corruption – millennials

LeAnne Jazul

56% of youth believe that corruption and lack of transparency should be fixed to address inequality, a 2017 World Economic Forum survey reveals

MANILA, Philippines – Millennials across the globe believe that the biggest driver of inequality in their countries is corruption, the latest World Economic Forum (WEF) survey revealed on Monday, August 28.

Of the 31,000 respondents of the 2017 Global Shapers Annual Survey, 56% believed that corruption and lack of transparency should be fixed to address inequality.

According to the survey, the most distrusted institutions are the national government and the media – with only 12% and 11% of the respondents trusting them, respectively.

The belief that the government is inefficient at providing public goods and services – particularly protection of citizen rights – is the top reason why there is low trust in national governments. (READ: IN NUMBERS: Impact of corruption on the Philippines)

At the regional level, the most dissatisfaction was in Latin America and Carribbean where 71% of the young respondents disagreed that the government protects its citizens’ rights. It is followed by South Asia (68%) and Eurasia (65%).

Meanwhile, respondents from North America (46%) and East Asia and the Pacific (37%) believe that their rights are being protected by the state.

Dissatisfaction with the government is rooted in abuse of power and corruption, more than half of the youth (58%) said. It was followed by bureaucracy and administrative barrier (30%) and lack of accountability (29%).

Ideally, the youth view governments to be “action- and results-oriented” and to have “integrity, honesty, and humility”. 

To show transparency and accountability, the respondents said that the best way is to implement visible penalties for poor governance (44%), by protecting the independence of courts (38%) and by having regular and open dialogue with the citizens (33%). (READ: #NotOnMyWatch: Reporting corruption made easier)

The youth place more trust in themselves rather than other institutions, the WEF survey showed. However, they expect “everyone to contribute to resolving local and global issues.”

Across the globe, the youth believe that they can actively participate in shaping decision-making in the countries – except in Europe and in the Middle East and North Africa.

Young people between the ages of 18 and 35 took part in the WEF global survey, conducted between March 31 to June 30 this year in 186 countries.

The survey sought millennials’ views on society, business, politics, economy, technology, and governance.– Rappler.com

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Aika Rey

Aika Rey is a business reporter for Rappler. She covered the Senate of the Philippines before fully diving into numbers and companies. Got tips? Find her on Twitter at @reyaika or shoot her an email at aika.rey@rappler.com.