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| Barbados Tops Caribbean In Anti-Corruption Report |
by Phillip Morton, Investors Offshore.com
Friday, December 09, 2011
The Caribbean arm of Transparency International has published its 2011 Corruption
Perceptions Index (CPI) for 2011, providing insight into the levels of corruption
present in Caribbean territories, including those with international financial
centres.
In the report, Barbados scored most favourably among Caribbean territories,
and was placed sixteenth of the 183 nations included in this year's report,
scoring 7.8 out of 10. Newly added this year, the Bahamas was seen as enforcing
the second most transparent regime in the region, and was placed 21st overall,
with 7.3.
Other notable territories on the Index for the first time included St Lucia
and St Vincent and the Grenadines, ranked 25th and 36th, respectively. Dominica
was ranked 44th, followed by Jamaica in 86th, which this year leapfrogged Trinidad
and Tobago, now placed mid-table in 91st. Of the eleven CARIFORUM Countries
ranked, five were above the midpoint score of 5 points.
Countries were ranked based on perceptions of public-sector corruption. The
survey is undertaken by international institutions with advice from senior resident
business leaders and non-resident analysts. The CPI uses a basic form of indexing
to arrive at a score ranging between 0, perceived to be the most corrupt, and
10, perceived to be the least corrupt.
In the global report, the country in receipt of the highest score in 2011 was
New Zealand with a score of 9.5 with the poorest rank going to Somalia, with
1.0.
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