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Economic Corruption - Global Rankings for 2011
19th December 2011
The scale and depth of corruption - defined by Transparency International as the abuse of entrusted power for private gain varies greatly across the world. No country can ever score a perfect score for eliminating corruption from their economy but the annual rankings of perceived corruption provide a useful way of identifying the best and the worst performers (most of whom are plagued by extreme poverty, war and failed government). Systemic corruption damages human lives and can undermine almost everything that international organisations seek to do to promote development and poverty reduction.
Several countries have made sizeable progress in tackling and reducing endemic corruption and are thus better placed to attract sustainable inward investment as part of their development strategies.
Here is a link to a video on the Economic Corruption rankings for 2011 produced by Transparency International
Peter Eigen
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.