Corruption Perceptions Index 2018: Corruption leads to a global crisis of democracy

This year’s Corruption Perception Index* (CPI) analyses perceived corruption levels in relation to crisis in democracy around the world and how both are intertwined. Corruption continues to be a significant obstacle to the economic growth of countries though they may have different levels of democracy – be it autocratic nations or full democracies.

Corruption is still a significant obstacle for growth

The annual Corruption Perceptions Index (CPI) by Transparency International (TI) ranks countries and territories by their perceived levels of corruption and scores them on a scale of 0 to 100, where 0 means highly corrupt and 100 denotes being very clean. 2017 marked its 25th anniversary, and this year’s index analyzed perceived corruption levels with … More Corruption is still a significant obstacle for growth

Bangladesh: rife with corruption vs. ripe with opportunity

Bangladesh’s economic scorecard showcases significant growth as compared with other developing countries. The current Gross Domestic Product (GDP) of the country stands 6.9 percent and has been consistently above six percent over the last three years. This progress is backed by strong private investments, substantial export figures and large remittances in infrastructure and services sectors. … More Bangladesh: rife with corruption vs. ripe with opportunity

Collective Wisdom – The role of industry forums in combating corruption

In 2004, James Surowiecki released his book “The Wisdom of Crowds: Why the Many Are Smarter Than the Few and How Collective Wisdom Shapes Business, Economies, Societies and Nations” which highlighted the importance of collective decision making and how decisions taken by a group are often better than any single member.