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- The effects of bribery and corruption include123:
- Undermining the rule of law and the legitimacy of government
- Creating an environment where crime and bribery flourish
- Discouraging foreign investment and damaging economic growth
- Eroding public trust in institutions and fueling social unrest
- Increasing costs and reducing access to basic services for the poor and vulnerable
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.It can have several negative effects on society, including: – undermining the rule of law and the legitimacy of government; – creating an environment where crime and bribery flourish; – discouraging foreign investment and damaging economic growth; – eroding public trust in institutions and fuelling social unrest.www.thentf.org/article/how-does-corruption-affects …The Global Impact of Bribery and Corruption on Economies
- Defining Bribery and Corruption Bribery and corruption are often used interchangeably, but they have distinct meanings. ...
cpdonline.co.uk/knowledge-base/safeguarding/glob…Corruption harms the poor and vulnerable the most, increasing costs and reducing access to basic services, such as health, education, social programs, and even justice. It exacerbates inequality and reduces private sector investment to the detriment of markets, job opportunities, and economies.www.worldbank.org/en/news/opinion/2023/06/13/c… - People also ask
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