bne:Chart – Poorer CEE/CIS nations are fertile ground for public-sector graft

By bne IntelliNews March 20, 2015

Henry Kirby in London -

 

Transparency International’s annual Corruption Perceptions Index (CPI) measures the perceived levels of corruption in different countries across a number of studies. Comparing the results of the 2014 CPI with per-capita GDP across Central and Eastern Europe/Commonwealth of Indepedent States (CEE/CIS) reveals a clear correlation between poverty and corruption.

As the bne:Chart shows, countries with low per-capita GDPs appear to suffer higher CPI scores. The same trend exists when GDP is held up alongside the International Centre for Asset Recovery’s Anti-Money Laundering Index, which measures a country’s propensity for money laundering and terrorism financing.

The bottom-right quadrant of the chart represents countries that enjoy a high level of GDP per capita as well as a low score for corruption perceptions. Not a single non-EU country occupies it, while only two EU member states – Romania and Bulgaria – fall outside of it.

The undesirable top-left quadrant represents high perceptions of corruption and money laundering combined with low GDP per capita. It is occupied almost exclusively by Western Balkan states whose post-Soviet redevelopment was hindered by drawn-out conflicts in the 1990s, and CIS countries that have little scope for any real political opposition to their current government.

The top-right quadrant of the chart represents countries that enjoy a higher income alongside high perceptions of corruption. The two notable occupants of this area are Russia and Kazakhstan – both big oil and gas producers.

Use the bne:Chart below to compare CPI and AML scores with GDP per capita. A high CPI score usually denotes low corruption perceptions. For the purpose of consistency across both indexes we have recalculated it so that high CPI scores denote high perceptions of corruption.

 

 

 

 

Related Articles

Austria's Erste rides CEE recovery to swing to profit in Jan-Sep

bne IntelliNews - Erste Group Bank saw the continuing economic recovery across Central and Eastern Europe push its January-September financial results back into net profit of €764.2mn, the ... more

EU, US partly suspend Belarus sanctions for four months

bne IntelliNews - The Council of the European Union (EU) has suspended for four months the asset ... more

bne:Chart - CEE/CIS countries perform particularly well in World Bank's "Doing Business 2016" survey

Henry Kirby in London - Central and Eastern Europe and the Commonwealth of Independent States’ (CEE/CIS) countries performed particularly well in the World ... more

Register here to continue reading this article and 2 more for free or purchase 12 months full website access including the bne Magazine for just $119/year.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

To continue viewing our content you need to complete the registration process.

Please look for an email that was sent to with the subject line "Confirmation bne IntelliNews access". This email will have instructions on how to complete registration process. Please check in your "Junk" folder in case this communication was misdirected in your email system.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

If you have any questions please contact us at sales@intellinews.com

Subscribe to bne IntelliNews website and magazine

Subscribe to bne IntelliNews website and monthly magazine, the leading source of business, economic and financial news and commentary in emerging markets.

Your subscription includes:
  • Full access to the bne content daily news and features on the website
  • Newsletters direct to your mailbox
  • Print and digital subscription to the monthly bne magazine
  • Digital subscription to the weekly bne newspaper

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

bne IntelliNews
$119 per year

All prices are in US dollars net of applicable taxes.

If you have any questions please contact us at sales@intellinews.com

Register for free to read bne IntelliNews Magazine. You'll receive a free digital subscription.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

IntelliNews Pro offers daily news updates delivered to your inbox and in-depth data reports.
Get the emerging markets newswire that financial professionals trust.

"No day starts for my team without IntelliNews Pro" — UBS

Thank-you for requesting an IntelliNews Pro trial. Our team will be in contact with you shortly.

Dismiss