Africa’s K — Kickbacks
How are kickbacks affecting Africa’s development?
February 16, 2005
In societies with a lot of corruption, only the rich — who are in a position to ship their ill-gotten gains offshore — tend to benefit.
Once a year, Transparency International, the world's leading anti-corruption NGO, compiles scores that measure corruption.
In 2004, 146 countries were assessed. According to this index, there was less corruption in Botswana than in Italy — and less in Namibia than in Croatia or Poland.
South Africa and Mauritius also ranked above average. But many African countries are near the bottom of the list. Half of the ten most corrupt countries — according to this measure — are in Africa.
Founder and CEO, Global Business School Network Guy Pfeffermann is the Founder and CEO of the Global Business School Network. He was the Director of the Economics Department and Chief Economist for the International Finance Corporation from 1988-2003. Since 2003, he has served as the Director of the Global Business School Network of International Finance […]