The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale. Top 20 Most Corruption Countries in 2015
Today Corruption is one of the major threats faced by the humanity these days. It can destroy people, their lives and communities, and undermines countries and institutions and so on.
It leads to complete failure in the delivery of basic services like education or healthcare. Corruption leads to increase in taxes and makes the poor people and most vulnerable nations its real victims.
There are many countries of the world which have been serious victims of corruption. According to the Corruption Perception Index, the 20 most corruption countries of the world in 2015 are as follows below:
- Somalia
- Korea (North)
- Sudan
- South Sudan
- Afghanistan
- Iraq
- Turkmenistan
- Uzbekistan
- Libya
- Eritrea
- Venezuela
- Yemen
- Haiti
- Guinea-Bissau
- Angola
- Myanmar
- Zimbabwe
- Burundi
- Syria
- Zimbabwe
Corruption also generates economic distortions in the public sector by diverting public investment into capital projects where bribes and kickbacks are more plentiful. Officials may increase the technical complexity of public sector projects to conceal or pave way for such dealings, thus further distorting investment. It also lowers compliance with construction, environmental, or other regulations, reduces the quality of government services and infrastructure, and increases budgetary pressures on government.Top 20 Most Corruption Countries in 2015
While measures of growth, education and access to health facilities are easily available, it is extremely difficult to actually assess the level of underhand dealings in an economy. The lack of concrete information makes any corruption measure largely susceptible to biases and subjectivity. To augment, it depends on the definition given to it, in any single economy.Top 20 Most Corruption Countries in 2015
In some countries, however, corrupt politicians appear to choose investment projects not on the basis of their fundamental economic worth, but on the opportunity for bribes and kickbacks these projects present.
One of the greatest impacts of corruption normally arises out of the choices and priorities of governments. This occurs when the real development priorities of a country are often neglected in favour of those that generate the greatest personal gains for the decision makers. Here, it is clearly evident that many projects have become white elephants and easy route for personal enrichment. When loans taken by governments on the pretext of undertaking some projects are diverted to private accounts and coffers, the attendant effect is that such loans would have to be paid with interest and at the same time increasing the debt burden of the country.
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