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http://www.hindustantimes.com/news/181_1813131,00020008.htm
Bribes sink India to new low
Srinand Jha
New Delhi, October 5, 2006
India has earned the dubious distinction of being ranked the ââ¬Åworst performerââ¬Â on the Transparency Internationalââ¬â¢s Bribe Payers Index (BPI) for 2006, which enumerates overseas bribery practices amongst exporters of the worldââ¬â¢s top 30 exporting countries.
Developing economies, including China and Russia, are also at the bottom of the heap as the second and the third worst performers, while other poor performers include Turkey, Taiwan, Malaysia, South Africa and Brazil.
Analysed on the basis of data collected in an Executive Opinion Survey (EOS) conducted by the World Economic Forum (WEF) and partner institutes, from February to May 2006, the findings of the Transparency International indicate a record of comparatively more ethical business practices among major exporting countries, including Germany and the US.
Switzerland has been shown the best performer, followed by Sweden, Australia, Austria, Canada, UK, Germany, Netherlands, Belgium, US and Japan. However, as is emphasised in the study, there are ââ¬Åno real winnersââ¬Â, as even the Organisation of European Cooperation and Development (OECD)-based companies ââ¬Åhave continued to bribe, while their governments have been paying lip service to clamp down on overseas briberyââ¬Â.
ââ¬ÅIndia being judged as the country which bribes the most among exporting countries is a sad reflection on the way the country runs its affairsââ¬Â, said Transparency International Indiaââ¬â¢s chairman Admiral (Retd.) RH Tahiliani, while advocating a case for the enactment of an Indian law on the patterns of the US Foreign Corrupt Practices Act of 1977.
Released every four years, India had not featured in the Transparency Internationalââ¬â¢s earlier two BPI lists of exporting countries, released in 2002 and 1999 respectively. This yearââ¬â¢s survey is based on responses obtained from 11,232 representatives from the private sector in those 125 countries, which have a combined Gross Domestic Product representing 98 per cent of the worldââ¬â¢s total.
On a scale of 10, countries coming up with the lowest scores have been indicated as being the most corrupt. In the list of 30 countries, India ââ¬â which has just 0.9 per cent stake in global exports ââ¬â has recorded the lowest score of 4.62, followed by China (4.94) and Russia (5.16). Switzerland, the best performer, has recorded a score of 7.81.
Bribes sink India to new low
Srinand Jha
New Delhi, October 5, 2006
India has earned the dubious distinction of being ranked the ââ¬Åworst performerââ¬Â on the Transparency Internationalââ¬â¢s Bribe Payers Index (BPI) for 2006, which enumerates overseas bribery practices amongst exporters of the worldââ¬â¢s top 30 exporting countries.
Developing economies, including China and Russia, are also at the bottom of the heap as the second and the third worst performers, while other poor performers include Turkey, Taiwan, Malaysia, South Africa and Brazil.
Analysed on the basis of data collected in an Executive Opinion Survey (EOS) conducted by the World Economic Forum (WEF) and partner institutes, from February to May 2006, the findings of the Transparency International indicate a record of comparatively more ethical business practices among major exporting countries, including Germany and the US.
Switzerland has been shown the best performer, followed by Sweden, Australia, Austria, Canada, UK, Germany, Netherlands, Belgium, US and Japan. However, as is emphasised in the study, there are ââ¬Åno real winnersââ¬Â, as even the Organisation of European Cooperation and Development (OECD)-based companies ââ¬Åhave continued to bribe, while their governments have been paying lip service to clamp down on overseas briberyââ¬Â.
ââ¬ÅIndia being judged as the country which bribes the most among exporting countries is a sad reflection on the way the country runs its affairsââ¬Â, said Transparency International Indiaââ¬â¢s chairman Admiral (Retd.) RH Tahiliani, while advocating a case for the enactment of an Indian law on the patterns of the US Foreign Corrupt Practices Act of 1977.
Released every four years, India had not featured in the Transparency Internationalââ¬â¢s earlier two BPI lists of exporting countries, released in 2002 and 1999 respectively. This yearââ¬â¢s survey is based on responses obtained from 11,232 representatives from the private sector in those 125 countries, which have a combined Gross Domestic Product representing 98 per cent of the worldââ¬â¢s total.
On a scale of 10, countries coming up with the lowest scores have been indicated as being the most corrupt. In the list of 30 countries, India ââ¬â which has just 0.9 per cent stake in global exports ââ¬â has recorded the lowest score of 4.62, followed by China (4.94) and Russia (5.16). Switzerland, the best performer, has recorded a score of 7.81.
