Which of following South American countries is among the least corrupt countries in the world: Argentina, Brazil, Chile, Paraguay, or Peru?
Which of the following Middle East/North African countries is among the most corrupt countries in the world: Algeria, Iran, Iraq, Libya, or Syria?
According to Transparency International’s recently published corruption index for 2006, the correct answer is Chile (20 of 163) as among the top twenty least corrupt states, and Iraq (160 of 163) as the third most corrupt state. The other states listed fall in the middle: Algeria (84), Argentina (93), Brazil (70), Paraguay (111), Peru (70), Iran (105), Libya (105), Syria (93).
According to the press release by TI’s chair, Huguette Labelle, corruption is “rampant” in half of the countries of the world. He further argues that there is a strong correlation between corruption and poverty. “Corruption eats away at the economies of poor countries. The perception of endemic corruption scares off foreign investors and has a knock-on effect on economic growth. A corrupt government siphoning off a country’s great mineral wealth, for instance, is unlikely to implement or uphold environmental regulations and probably can’t be counted on to ensure a stable business climate.”
The full chart is available here.
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