• Home
  • About RiskDiscovered™
  • Contact Us
  • Login 365
Corruption and Bribery
banner
  • Risks
  • Articles
  • Business Ethics
  • Case Studies
  • Legal Issues
  • Legislations
  • Resource Alert
  • Videos
← Previous Post
Next Post →

A correlation between corruption and development

corruptionbribery February 22, 2012 0

THE use of public office for private gain benefits a powerful few while imposing costs on large swathes of society. Transparency International’s annual Corruption Perceptions Index, published on December 1st, measures the perceived levels of public-sector graft by aggregating independent surveys from across the globe. Just five non-OECD countries make the top 25: Singapore, Hong Kong, Barbados, Bahamas and Qatar.

The bottom is formed mainly of failed states, poor African countries and nations that either were once communist (Turkmenistan) or are still run along similar lines (Venezuela, Cuba). Comparing the corruption index with the UN’s Human Development Index (a measure combining health, wealth and education), demonstrates an interesting connection. When the corruption index is between approximately 2.0 and 4.0 there appears to be little relationship with the human development index, but as it rises beyond 4.0 a stronger connection can be seen. Outliers include small but well-run poorer countries such as Bhutan and Cape Verde, while Greece and Italy stand out among the richer countries.

corruption and bribery

corruption and bribery

Source: economist

Enter Your Mail Address

Tweet
Email Share
TAGS » Bahamas, Barbados, corruption, corruption and bribery, Corruption Perceptions Index, Hong Kong, Qatar, Singapore
POSTED IN » Articles, Case Studies

Related »

Mayor faces bribery charges related to his medical practice

Mayor faces bribery charges related to his medical practice

Subcontractor facing 40 charges for bribery over employment of foreign construction workers

Subcontractor facing 40 charges for bribery over employment of foreign construction workers

Army sergeant accused of taking bribes in Afghanistan

Army sergeant accused of taking bribes in Afghanistan

2 doctors sentenced for roles in medical lab bribery scheme

2 doctors sentenced for roles in medical lab bribery scheme