Evaluate the impact/effects of fraud and corruption on the counrty

Corruption has a bad influence on the market, leads to an inefficient allocation of resources and highlights social inequality. The existence of corruption in a country affects the diversion of existing investors, as well as the failure of new ones. Because of this, unemployment rises, the state collects less taxes, the budget is smaller, and thus less money for public spending and procurement, as well as for government programs, employment, education, social programs. This also affects the business atmosphere and the market, because some companies come to the tender through corruption, other companies that do not do so, make less profits, so they dismiss workers and even leave the state and move their plants due to irregular market conditions.

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