India ranked 70 on most corrupt list; Finland, Iceland most clean


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shankaracharya   
Member since: Dec 04
Posts: 768
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Post ID: #PID Posted on: 06-11-06 15:03:59

http://www.newindpress.com/NewsItems.asp?ID=IEL20061106075701&Page=L&Title=B+R+E+A+K+I+N+G++++N+E+W+S&Topic=0&

LONDON: India has shown significant improvement in the perceived levels of corruption in public life moving to 70 from the 88th position last year on the list of most corrupt nations, according to a transparency international survey.

The 2006 Corruption Perceptions Index (CPI), which was launched on Monday, ranked violence-torn Iraq and impoverished Haiti, Myanmar and Guinea as the most corrupt countries in the world.

United States was listed among the countries where corruption scenario worsened further, along with Brazil, Cuba, Israel, Jordan, Laos, Seychelles, Trinidad and Tobago and Tunisia.

Finland, Iceland and New Zealand shared the honour of keeping the menace well under control.

Nearly half of the 163 countries ranked in the list still suffer from rampant corruption, the report by the Berlin-based watchdog group said. It said there is a strong correlation between corruption and poverty, with a concentration of impoverished countries at the bottom of the ranking.

The weak performance of many countries indicates that the facilitators of corruption continue to assist political elites to launder, store and otherwise profit from unjustly acquired wealth, which often includes looted state assets, the CPI observed.

Professionals like bankers, accountants, and lawyers act as facilitators or intermediaries who help them generate, move or store their illicit income, it said. ''Corruption traps millions in poverty,'' the agency's international chairman Huguette Labelle said in a statement.

''Despite a decade of progress in establishing anti-corruption laws and regulations, on Monday's results indicate that much remains to be done.''

The CPI calls for a pro-active role to be played by lawyers, accountants and bankers who ''often act as intermediaries between a giver (the supply side) and a taker (the demand side)''. It called for stringent measures to curb the criminalisation of overseas bribery under the OECD anti-bribery convention, disclosure of assets by public officials and adoption of codes of conduct.

In the survey, countries were ranked on a scale of 10, anything below five indicates serious perceived levels of corruption, and anything below 3 rampant. India mustered 3.1 while China 3.0 Finland, Iceland and New Zealand tied for the first place with 9.6. Britain was 11th with an 8.6 rating, Germany 16th at 8.0 and the United States 20th with 7.3 while Russia was ranked 121 with 2.5.

At the rock bottom was Haiti with 1.8. Guinea, Iraq and Myanmar tied in penultimate position with 1.9.


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Speech by Thomas Friedman of The New York Times....

"When we were young kids growing up in America, we were told to eat our
vegetables at dinner and not leave them. Mothers said, 'think of the
starving children in India and finish the dinner.' And now I tell my
children: 'Finish your maths homework. Think of the children in India
who would make you starve, if you don't.'"


Garvo Gujarati   
Member since: Nov 01
Posts: 3116
Location:

Post ID: #PID Posted on: 07-11-06 09:39:01


So 58 percent countries are corrupt than India!! Good to know that India is working at it. We have to improve.

US going down - Is it a reflection of waves of immigrants coming from Latin American Countries?

Where is Canada?


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A Proud Indian Canadian




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