SOME OF THE LEAST CORRUPT COUNTRIES
Added on: 15th Dec 2015
JAPAN
Enjoying relatively high levels of economic freedom, corruption does
not play a very big role in business or daily life. There is, however, one
area that drags the country down in international rankings. Japanese
companies practice something called “amakudari” which basically
consists of assigning retired government officials to top positions
in the business. This is quite common in the financial, pharma.
BELGIUM
Public trust in civil service and in the judiciary is high and perception of
corruption is relatively low. There are a few areas, however, that need
some improvement. One of these would be more whistle blower protection.
UNITED KINGDOM
In spite of some isolated incidences of abuse regarding political power,
corruption plays a relatively small role in business and daily life. The
UK continues to maintain effective anti-corruption legislation and
frameworks for fighting corruption both at home and abroad.
ICELAND
While corruption does not affect day to day life, the political system
has been affected by nepotism, close business/political relationships
and fallout from the 2008 financial crisis.
GERMANY
Health, construction, and public procurement have been reported to
be the most corrupt sectors in Germany and petty corruption has been
an issue in the past. As in most of the European Union, however, it is not
an impediment to business. A strong legal system and increased
anti-corruption measures have been successful in their aims.
AUSTRALIA
The media, trade unions, and political parties are seen by the public
as being Australia’s most corrupt institutions. Although corruption
as a whole remains low and is not an impediment to daily life,
risks do remain. There is no significant anti-corruption legislation in
place and foreign bribes have been an issue.
CANADA
Corruption has generally not been a problem in Canada but in
recent years it has popped up a few times. The country does not have
any significant anti-bribery measures in place and 30% of business
executives claimed that bribery and corruption are an issue.
LUXEMBOURG
Although corruption is generally very low, public perception of
political parties is not very high and 53% of people saw them as being
corrupt. There is also a relatively high level of business/political
intermingling and no code of conduct addressing corrupt practices.
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