Thursday, December 04, 2014

Swiss remain among world's 'least corrupt'

Transparency International’s “Corruption Perceptions Index” for 2014 ranks Switzerland fifth along with Norway based on how corrupt their public sector is perceived to be, up from seventh a year ago.

The list of 175 countries is topped by Denmark, followed by New Zealand, Finland and Sweden.

The index, based on expert opinion from around the world, lists the United States in 17th place, tied with Barbados, Hong Kong and Ireland, and just ahead of Chile.

Somalia and North Korea share honours as the countries perceived to be the most corrupt in the world.

The NGO said a poor score is likely a sign of widespread bribery, lack of punishment for corruption and public institutions that don’t respond to people’s needs.

 Switzerland came first in a “bribe payers index”, which ranks the world’s wealthiest and most economically influential countries according to the likelihood of their firms to bribe abroad. Full story...

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