World Most Corrupt Countries

In January 2016, Transparency International released its annual corruption index,and the corruption is based on levels of bribery, illegitimate government spending and lack of anti corruption measures or you can say public sector based corruption worldwide. Few countries remains at the bottom of list. So which countries took those spots.

Three most countries in 2015 are Afghanistan, Somalia ad North Korea. In Afghanistan corruption is due to misuse of money and millions of dollars that should have gone on reconstruction have been reportedly wasted or stolen given to the country from international donor.  Somalia suffers from same problem and in a report shown by World Bank, $130 million dollars funds to governments have gone missing in just two years. What’s more, Private companies pay little or no taxes to the government but instead pay optional fee to government officials.

Unlike in North Korea, Brides are mostly paid by citizens, and citizens are selected by the government. The countries that are just above theses countries are

In Angola, 70 per cent of the population live on US$2 a day or less. One in six children die before the age of five – making it the deadliest place in the world to be a child. More than 150,000 children die each year. But not everyone’s suffering.

The country which tumble the most is Brazil which came down seven spots from there last year position. Brazil has been rocked by the Petrobras scandal, in which politicians are reported to have taken kickbacks in exchange for awarding public contracts. As the economy crunches, tens of thousands of ordinary Brazilians have lost their jobs already.

In contrast, North Europe maintain their spot with least corruption which is home of  five top countries with Denmark,Finland and Sweden at top. These countries are at top from many years because they public access to government’s budget information. But just because a country has a clean public sector at home, doesn’t mean it isn’t linked to corruption elsewhere.Take Sweden for instance. It comes third in the index, yet the Swedish-Finnish firm TeliaSonera – 37 per cent owned by the Swedish state is facing allegations that it paid millions of dollars in bribes to secure business in Uzbekistan. But Transparency International only take public sector to make their list.

According to World Bank, in order to combat corruption is to create  policies that thoroughly investigate and report and government spending. But more than 6 billion people live in countries with a serious corruption problem

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