Thursday, December 10, 2009

The Count - Somalia Ranks Worst on Corruption Perceptions Index


When a business or individual can skirt the law by paying bribes to corrupt officials, the playing field becomes uneven, making the economy vulnerable. According to the newest Corruption Perceptions Index from Transparency International, perceived levels of corruption are highest in countries where government infrastructure is lacking.

Defining corruption as “the abuse of entrusted power for private gain,” Transparency International ranked 180 countries by interviewing experts and business people both inside and outside each country.

See full Article.