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SOME OF THE LEAST CORRUPT COUNTRIES

Added on: 15th Dec 2015

 

JAPAN

least corrupt countries

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

least corrupt countries

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

least corrupt countries

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

least corrupt countries

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

least corrupt countries

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

least corrupt countries

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

least corrupt countries

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

least corrupt countries

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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