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FromTheMoon [43]
3 years ago
13

How did corruption affect the gdp of Colombia? Is there a specific event that happened?

Social Studies
1 answer:
Mrac [35]3 years ago
3 0

Answer and Explanation:

In a country, especially when it comes to a developing country, corruption and the economy are highly correlated. Colombia is a developing country characterized by a high level of corruption and a low level or decrease in economic growth and opportunities.

According to studies, less corrupt countries show a high economic development whereas low-income countries, like Colombia, are characterised by increased rates of both corruption and reduced rates of economic development.

Corruption, violence, and drug trafficking negatively influence Colombia's economic growth, leading to the decrease in the overall score of its GDP by 1.6 points. According to Index of Economic Freedom, <u>the strategies that are needed to improve and increase the country's GDP are stronger institutional reforms to improve the laws and reduce corruption.</u>

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A country emphasizes individual performance and achievements in every sphere of society. The employees in this country may lack loyalty and commitment to a company-this affect the business environment in this country.

A large degree of managerial mobility across organizations is another way that individualism manifests itself, and this is not necessarily a desirable thing. Managers who lack the loyalty, experience, and network of interpersonal contacts that come from years of working for the same company may have solid general skills but lack the loyalty and devotion to a particular organization and the propensity to move on for a better offer.

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Hope you found this helpful, not to sure what your asking, i mainly come here after long days to rant about different things to i don’t know if your understanding what i just wrote!

Anyways have a lovely day sir.boo
Discord: sw4gee#8235 (lol im lonley)
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3 years ago
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attributing human thoughts and feelings to inanimate objects and forces            

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In the question above, the correct answer is "attributing human thoughts and feelings to inanimate objects and forces".

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After the War of 1812, Americans felt a new sense of patriotism and a strong national identity and they gained new respect from other nations in the world. This stronger federal government favored trade, western expansion, a strengthened military and the development of the economy.

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