Position of economics in a global economy, besides factors described last time, depends on business environment. One of the crucial factor for business activity is transparency or on the other hand corruption.
Among entities which deal with the topic of corruption is Transparency International. It is a the global civil society organization, which was founded in 1993 in Berlin, leading the fight against corruption.1
According Transparency International corruption is the abuse of entrusted power for private gain, including bribes, kickbacks, tax avoidance, selling influence, embezzlement of public funds etc.2 Full statistics about corruption are unknown. Even the best prediction do not show real amounts.
Corruption Perceptions Index, prepared and developed by Transparency International, is a trial of measuring of administrative and political aspects of corruption. The Index ranks countries according to their perceived levels of public-sector corruption (0 - highly corrupt, 10 - very clean). The 2011 index draws on different assessment sand business opinion surveys carried out by independent and reputable institutions.3 Interesting short movie about Corruption Perceptions Index is here:
Country | Corruption Perceptions Index 2011 | Score | Doing Business 2012 Rank |
New Zealand | 1 | 9,5 | 3 |
Denmark | 2 | 9,4 | 5 |
Finland | 3 | 9,4 | 11 |
Sweden | 4 | 9,3 | 14 |
Singapore | 5 | 9,2 | 1 |
Norway | 6 | 9,0 | 6 |
Netherlands | 7 | 8,9 | 31 |
Australia | 8 | 8,8 | 15 |
Switzerland | 9 | 8,8 | 26 |
Canada | 10 | 8,7 | 13 |
Luxembourg | 11 | 8,5 | 50 |
Hong Kong | 12 | 8,4 | 2 |
Iceland | 13 | 8,3 | 9 |
Germany | 14 | 8,0 | 19 |
Japan | 15 | 8,0 | 20 |
Austria | 16 | 7,8 | 32 |
Barbados | 17 | 7,8 | - |
United Kingdom | 18 | 7,8 | 7 |
Belgium | 19 | 7,5 | 28 |
Ireland | 20 | 7,5 | 10 |
Apart of corruption, black market activity and overabundance of regulation are reasons of weakness of the economies. Very often they go hand in hand and we can see clear correlation between place in Corruption Perceptions Index and Doing Business Ranking.
Corruption Perceptions Index 2011
List of the largest economies in the world and their position in the Corruption Perceptions Index 2011 is presented below.
Country | GDP Rank | Corruption Perceptions Index 2011 | Score |
United States | 1 | 24 | 7,1 |
China | 2 | 75 | 3,6 |
Japan | 3 | 14 | 8,0 |
Germany | 4 | 14 | 8,0 |
France | 5 | 25 | 7,0 |
United Kingdom | 6 | 16 | 7,8 |
Brazil | 7 | 73 | 3,8 |
Italy | 8 | 69 | 3,9 |
Canada | 9 | 10 | 8,7 |
India | 10 | 95 | 3,1 |
Russia | 11 | 143 | 2,4 |
Spain | 12 | 31 | 6,2 |
Australia | 13 | 8 | 8,8 |
Mexico | 14 | 100 | 3,0 |
South Korea | 15 | 43 | 5,4 |
Netherlands | 16 | 7 | 8,9 |
Turkey | 17 | 61 | 4,2 |
Indonesia | 18 | 100 | 3,0 |
Switzerland | 19 | 8 | 8,8 |
Poland | 20 | 41 | 5,5 |
References:
1. Transparency International, www.transparency.org/about_us , 4.02.2012.
2. Transparency International, Global Corruption Report: Climate Change, foreword, 2011.
3. Transparency International, cpi.transparency.org/cpi2011/results , 6.02.2012.
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