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To attract investment or secure project financing, individual cities and urban regions must address the image of the government and the business practices of the economy in which they are located. An Organization called Transparency International conducts annual surveys of senior executives and others regarding the degree to which specific economies require bribes or other inducements to secure contracts or to overcome regulatory requirements.

If your city is situated in an economy near the top of this list, you will need to give priority to setting yourself apart from the prevailing perceptions. Success in raising funds for long-term, beneficial investment may depend on it. Please check the Transparency International Website for their current ranking and reasons for it. Go to www.transparency.de now.

TRANSPARENCY INTERNATIONAL
CORRUPTION PERCEPTIONS INDEX, 1999
Selected economies ranked
from 1 for highly corrupt to 10 for highly clean
RANK: COUNTRY: INDEX:
1. Nigeria 1.6
2. Indonesia 1.7
3. Honduras 1.8
4. Yugoslavia 2.0
5. Pakistan 2.2
6. Russia 2.4
7. Bolivia 2.5
8. Vietnam 2.6
9. Colombia 2.9
10. India 2.9
11. Argentina 3.0
12. Nicaragua 3.1
13. Thailand 3.2
14. Guatemala 3.2
15. Mexico 3.4
16. Philippines 3.6
17. South Korea 3.8
18. El Salvador 3.9
19. Brazil 4.1
20. Uruguay 4.4
21. Peru 4.5
22. Costa Rica 5.1
23. Malaysia 5.1
24. Taiwan 5.6
25. United States 7.5
26. Hong Kong SAR 7.7
27. Germany 8.0
28. United Kingdom 8.6
29. Australia 8.7
30. Singapore 9.1
31. Canada 9.2
32. New Zealand 9.4
33. Finland 9.8
34. Denmark 10.0


Source: Transparency International, International Corruption Perception Index, 1999 .

Note that the perceptions are collected from several different polls and samples, weighted to help avoid bias. The results may not reflect latest anti-corruption measures in various economies, as these take time both to have an effect and to change perceptions.


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