The World Economic Forum recently released its annual corruption index as part of its Global Competitiveness Report, which assesses the economic landscape of countries worldwide. The survey interviewed almost 15,000 business leaders from 141 economies from February to June.
Business Insider looked at the results from the perspective of OECD countries, which didn’t shine a good light on Slovakia, coming off second worst after only Mexico in terms of corruption perception.
The corruption index ranked countries based on survey responses to three questions:
1. In your country, how common is illegal diversion of public funds to companies, individuals, or groups?
2. In your country, how do you rate the ethical standards of politicians?
3. In your country, how common is it for firms to make undocumented extra payments or bribes?
Among the countries of the OECD with more advanced economies, Slovakia’s placement in the corruption index shows once again how little progress has been made in reducing the ingrained corruption in the country. Protests are a regular occurrence at least now, but without full public pressure and action from the authorities, little changes.
11 Most Corrupt Countries in Developed World
6. Czech Republic
9. Rep. of South Korea
The WEF report on Slovakia’s competitiveness can be viewed here.