Wednesday, October 27

Italy-Rejoins Africa?

image from Europe-Africa Summit
The Corruption Perceptions Report by Transparency International provoked almost as much debate as Marchionne's comment (see OVERHEARD in the upper right hand corner).  While Italy has been quite fierce in going after corruption (despite Berlusconi's best efforts to keep himself and his cronies far from the fray), the appearance by business people caused Italy to slide - just below Ruanda & one spot above Georgia.
The Italians looked on the bright side: at least they weren't the most corrupt in Europe - although they have an expanded Europe largely to thank for that.  No, it is seen that people are more corrupt in Romania, Bulgaria, and of course, that other bastion of civics-minded people (and the palm-greasing that goes along with it), Greece.
But, as one analyst stated, unless you're Denmark, New Zeland or Singapore, most countries fell under the 5.0 mark - meaning they're more corrupt than not.
Clearly, shaming countries in the public forum might be one way - in an internet-connected world - to move things in the right direction.  Of course, that would signify that you didn't control the media that reports on such transgressions, too.

As for the conclusion by TI?  The message is clear: across the globe, transparency and accountability are critical to restoring trust and turning back the tide of corruption.

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