What are the negative impacts of corruption?(4 marks question)
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On the 28th of April 2004 Mr. Daniel Kaufmann (Global Governance Director of the World Bank Institute) – commenting on the costs of corruption- stated that: “a conservative approach to such measurement gives an estimate for annual worldwide bribery of about US 1 trillion dollars.” 1
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hy mate
here is your answer
Explanation:
Disregard for officials
Lack of respect for rulers:
Lack of faith and trust in the governments
Aversion for joining the posts linked to corruption:
A decrease in foreign investment
Delay in growth
Differences in trade ratio’s
explain these points in ur language
thanks
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