Discuss how fraud and corruption contribute to high unemployment rate and lack of service delivery?

Question: Discuss how fraud and corruption contribute to high unemployment rate and lack of service delivery?

Fraud and corruption contribute to high unemployment rates and lack of service delivery in several ways. Firstly, corrupt officials often embezzle funds that are meant for creating jobs or providing services, resulting in a lack of resources to invest in the economy and job creation. Secondly, corrupt practices often lead to an unfair playing field, where jobs and contracts are given to those who bribe officials instead of those who are qualified and deserving, leading to a lack of opportunities for the unemployed. Finally, corruption can also undermine trust in government and institutions, leading to a lack of investor confidence and reluctance to invest in the economy, further exacerbating unemployment and lack of service delivery.

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