US Position on Global Corruption Index Worsens

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By Douglas A. McIntyre Published
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US Position on Global Corruption Index Worsens

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The 2020 Corruption Perceptions Index was released by Transparency International. It covers 180 countries and territories based on “perceived levels of public sector corruption,” pulled from 13 expert assessments and polls of business executives. The United States tumbled to its worst score since 2012. The scale used runs from 1 to 100. The lower the score is, the higher the perception of public corruption is.
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In the new study, the United States ranks 25th among all nations with a score of 67. The two nations with the best scores are New Zealand and Denmark with scores of 88. Gary Kalman, Director of the U.S. Office of Transparency International, commented:

Attacks by the previous administration on a landmark anti-bribery law, on whistleblowers with evidence of fraud and corruption in the government, on oversight of pandemic relief funding, and on the nation’s electoral process were all likely factors impacting assessments of corruption in the United States.

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Executives at Transparency International believe that actions by the new administration could move the score back in the right direction.

Delia Ferreira Rubio, Chair of Transparency International, said the pandemic has thrown new light onto the corruption problem worldwide: “COVID-19 is not just a health and economic crisis. It is a corruption crisis. And one that we are currently failing to manage.” He believes nations with high corruption have been less able to fight the disease because of flaws in government systems brought on by systemic problems.

The United States finds itself in particularly troubling company. It ranks below the United Arab Emirates and Uruguay, each with a score of 71. Chile with a score of 67, and Qatar a score of 63.

At least the United States is nowhere near the bottom of the list. Syria, Somalia and South Sudan are in the bottom three places with 14, 12 and 12 points, respectively.

Other notable scores are China in 78th place with a score of 42, India in 86th place with a score of 40 and Russia in 129th place with a score of 30.
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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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