Discuss how fraud and corruption may negatively impact economic growth and development of a country​

Answers

Answer 1

Answer:

This can be seen if we look at many 3rd World countries today.

Explanation:

In societies which do not have a genuine democratic process, then those who have access to power also have access to fraud and corruption. The emergence of countries in Africa and Asia as a result of decolonization led to such scenarios.

You had the emergence of dictators who, by force, could appropriate billions in foreign aid for personal wealth, thus creating obscene personal fortunes. President Mobutu of Zaire was a classic example.

This obviously impacts negatively in the growth and development of Zaire as a society in that the money which should be being invested in economic and social development is being squandered on personal fortunes.

Of course those giving the "aid" are not blameless. In Zaire's case Western governments and companies are quite happy to keep a dictator in power in return for access to that country's raw materials, in Zaire's case copper.

However it would be wrong to imply that fraud and corruption are confined to developing countries. The role of power pressure groups and the process of lobbying builds in an automatic advantage to the powerful in developed countries at the expense of the vulnerable and powerless.

Answer 2

Fraud and corruption can discourage foriegn investors from investing in a corrupt country. This would lead to a scarcity of funds needed to carry out activities that can lead to economic growth.

What is fraud and corruption?

Fraud are deliberate acts taken taken to descie others for the purpose of achieving gains. Corruption is when power is abused by people in authority.

To learn more about fraud, please check: https://brainly.com/question/25481401


Related Questions

During impeachment, the ________ impeaches the President or Federal official and the _______convicts them...

A.) Senate/ Supreme Court
B.) House of representatives/ Senate
C.) Senate/ House of representatives
D.) House of representatives/ Supreme Court​

Answers

B.)
.........................

Read the sentences carefully. What do you think they mean?
God created life, but He did so using natural processes which are open to scientific investigation.

So in other words, according to this way of understanding how science and religion work together, God is the author of Creation, and evolution describes the mechanisms that He designed to produce life.

Answers

Answer:

Explanation:

This is honestly just a presepctive question. The way you would view this, so technically an opinion maybe.

To me, this text could be summarized or said by:

Religion and science have a connection which could showcase the start of life and mechanisms of it.

What role does “judicial review” play in relation to the other branches of government?

A. It is a way to make the lawmaking process more efficient.

B. It is the means for the executive branch to control the legislative branch.

C. It is part of our system of checks and balances.

D. It is a way to help police enforce the laws passed by the legislature.

Answers

Answer is C I’m pretty sure

Answer:  C

Explanation:

Judicial review was established by the court case Marbury v. Madison, and it was to put a check on the 2 branches

I learned about this before!

Good luck!

In Georgia, an individual facing prosecution for a crime first enters a plea at which stage in the legal process?

A. trial
B. preliminary hearing
C. bail hearing
D. commitment hearing​

Answers

i believe it’s C bail hearing

How was a Roman legion different from a Greek phalanx?

Answers

Answer:

A Roman legion was more flexible, because it had manacles that could split up and form shapes to trap the enemy. The phalanx was a big square of destruction. Find evidence to support the idea that the Romans were open to the influence of foreign cultures.

Explanation:

Where does gendercide occur?

Answers

Answer:

East Asia – China, Vietnam, Singapore, and Taiwan South Asia – India, Bangladesh, Nepal, Pakistan, and Afghanistan West Asia – Turkey, Syria, Iran, Azerbaijan, Armenia, and Georgia

Explanation:

Briefly describe the conflict in La Rochelle. Who are the "Huguenots" and why was the French government threatened by them?

Answers

The siege of La Rochelle was a result of a war between the French royal forces of Louis XIII of France and the Huguenots of La Rochelle in 1627–28 and it The effectively ended the final Huguenot rebellion against the French crown and was a marker in the rise of the French absolute monarchy. Huguenots were French Protestants.

Which type of community will have more competition than cooperation?

Answers

Answer:

someone answser thissss

Explanation:

The individualistic-based community is one that will have more competition than cooperation among the people.

What is an individualistic community?

This is a community whose culture is characterized by people liking to think and do things in their own way rather than imitating other people.

Example of country with an individualistic culture are United States, Australia, United Kingdom etc.

Read more about individualistic community

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Three Reasons Droughts Caused the Mayan Civilization to Fall
1.
2.
3.
Three Reasons Droughts did NOT Cause the Mayan Civilization to Fall
1.
2.
3.

Answers

Three reasons droughts caused Mayan civilization to fall
1:invasion
2.war
3.collapsing trade routes

Religious, norms and values is
helping to increase population." Justify
the statement.​

Answers

If you want to be on sides with this statement even if you do not agree with it, you would probably say/use the following:

- Religion gives humans/society hope and purpose.

- Having Religion in daily lives can give a sense of peace that is different from the rest, as it is a routine and something that can make one spiritually happier.

These two things can come together and show that, in turn, will motivate humans to create more life and show their kin the beauty of life. For, it was made from God [or the religous idol they beileve in] created this world and is worth showing and experiencing with others.

Which African group believed that their chief god sent his son from heaven ina canoe?

Answers

Answer:

Yoruba people

Explanation:

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