Ferraris Outnumber Plans to Clean Up Asia’s Corruption

Transparency International’s latest corruption report is sober reading for Asian leaders committed to ending dirty dealings in the world’s fastest-growing region.

Dec. 9 was International Anti-Corruption Day, and Asia’s report card was a big disappointment.China (SHCOMP)Japan and South Korea, three of Asia’s four biggest economies, all lost ground. So did such emerging-market darlings as IndonesiaTaiwanThailand and Vietnam. Even Hong Kong, routinely celebrated as a model of economic freedom, slid two places in the 2012 Corruption Perceptions Index to 14th among 176 nations.

 

Read Here – Bloomberg

 

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.