Tag: Transparency International

Reading this week’s Transparency International report into corruption it’s easy to conclude that most of the problems are concentrated in emerging markets, far away from the business centres of the US, Europe or Japan.

Thursday’s news from Rolls-Royce shows this is a dangerous illusion. The British company announced that it was passing an internal review to the Serious Fraud Office following allegations of corruption at the engine maker’s Chinese and Indonesian intermediaries. As with so much else, globalisation has made corruption everybody’s concern. Continue reading »

Transparency International’s corruption perceptions index provides an annual league table on who’s up and who’s down in global corruption.

As usual, the Scandinavians top the clean list and the basket cases are at the bottom. The real interest lies in which countries have made the greatest gains or losses. This year, the fastest climber is East Timor, up 30 places to 113 out of 176 countries, and the African island of Sao Tome, up 28 at 72. Just behind are two significant emerging economies – Mongolia, up 26 at 94, and the Philippines, up 24 at 105. Continue reading »

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