irenamakofane irenamakofane
  • 02-04-2021
  • English
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3.6 Critically discuss how fraud and corruption may
growth and development of a country.​

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PiaDeveau PiaDeveau
  • 07-04-2021

Explanation:

Corruption decreases economic development both internally and externally by reducing material capital expenditure. A unit increase in corruption reduces Gross domestic product and per capita spending growth rates; corruption stifles economic development; reduces economic productivity and development notwithstanding the country's vast resources. Corruption tarnishes the country's reputation and results in the loss of the much income.

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