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Corruption becoming less widespread in CEE
Fri, Sep 26 2008, 15:58 GMT
by Danske Research Team
This week, Transparency International, the world's leading organisation addressing corruption, published its annual Corruptions Perceptions Index (CPI)
Although we recognise that corruption is still an issue in Central and Eastern Europe (CEE), a lot of improvements have occurred over the last decade, at least in the Baltic States and the Visegrad countries - Poland, Hungary, Czech Republic and Slovakia, and to some extent Romania.
Since last year's report, Poland achieved the biggest improvements, according to Transparency International. Countries like Estonia, Latvia, Slovakia and Romania advanced a little, while the degree of corruption seems to be rising a little in Hungary and quite a lot in Bulgaria.
Overall the development has been very positive in CEE and the Baltic countries over the last decade. It is encouraging for the longer term outlook for the region that corruption is being tackled; this improves the business climate, which in turn should be supportive for much needed foreign investment into the region.
In the former Soviet states (CIS-countries) the story is quite different. The countries there in general receive a very low score, and the development is going in the wrong direction too.
From 2007 to 2008, Russia has dropped four places down the overall corruption list, and is now ranked 147 out of the 180 countries that are included in the survey - it is ranked below countries such as Bangladesh and Kenya.
In Russia, the CPI score has in fact fallen back to the levels seen in 2000; this is quiet worrisome as it adds to the string of bad news concerning the business climate in Russia.
Published on Fri, Sep 26 2008, 16:02 GMT
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