With this type of statistics, can we ever dream of overcoming India in any field, let alone the question of conventional and unconventional weaponry?
Who is to blame for this state of affairs?
Table 1:
|
Regulation |
Corruption |
Rule of Law |
Sri Lanka |
51.5 |
57.5 |
55.7 |
India |
46.1 |
47.3 |
56.2 |
Pakistan |
28.6 |
21.3 |
19.5 |
Bangladesh |
20.9 |
09.7 |
24.8 |
(higher score is better)
Table 2:
|
Corporate Illegal Corruption Index (CICI) |
Corporate Legal Corruption Index (CLCI) |
Corporate Ethics Index (CEI) |
Corporate Governance Index (CGI) |
India |
39.4 |
29.8 |
34.6 |
55.4 |
Pakistan |
22.1 |
23.5 |
22.8 |
31.3 |
Bangladesh |
12.3 |
18.9 |
15.6 |
24.3 |
(higher score is better)
Daily Dawn, 10-01-2008 (http://www. dawn.com/ 2009/01/10/ top18.htm http://www.dawn.com/2009/01/10/top18.htm)
Satyam scam brings into focus quality of governance
REVELATIONS of major fraud at Indian software firm Satyam have put the spotlight on the quality of corporate governance and regulation across Asia .
Following are some estimates of the quality of the corporate governance environment in Asian countries.
The World Governance Indicators are a World Bank project offering an annual ranking of countries according to estimates of their quality of governance in six areas.
This table shows the latest country rankings, for 2007, on three areas of governance "“ regulatory quality, control of corruption and the rule of law. Countries are ranked, and rankings are adjusted to fit into a scale of 0 to 100. The higher the score, the better is the governance.
Rankings for the United States and Germany are also shown, for comparison.
|
Regulation |
Corruption |
Rule of Law |
Hong Kong |
99.0 |
92.3 |
90.5 |
Singapore |
98.5 |
96.1 |
95.2 |
Taiwan |
79.6 |
70.0 |
70.5 |
South Korea |
78.6 |
68.1 |
74.8 |
Malaysia |
67.0 |
62.3 |
65.2 |
Thailand |
56.3 |
44.0 |
52.9 |
Sri Lanka |
51.5 |
57.5 |
55.7 |
Philippines |
50.5 |
22.2 |
33.8 |
India |
46.1 |
47.3 |
56.2 |
China |
45.6 |
30.9 |
42.4 |
Indonesia |
43.7 |
27.1 |
27.1 |
Vietnam |
35.9 |
28.0 |
38.6 |
Cambodia |
30.6 |
08.2 |
13.8 |
Papua New Guinea |
30.1 |
09.2 |
21.0 |
Pakistan |
28.6 |
21.3 |
19.5 |
Bangladesh |
20.9 |
09.7 |
24.8 |
Laos |
15.0 |
13.0 |
17.1 |
Myanmar |
1.5 |
01.4 |
05.2 |
United States |
90.8 |
91.3 |
91.9 |
Germany |
92.7 |
93.2 |
94.3 |
EIU LEGAL AND REGULATORY RISK ESTIMATES
LEGAL CORRUPTION MEASUREMENTS
In a 2004 study, World Bank governance expert Daniel Kaufmann, who also created the World Governance Indicators, used data from the World Economic Forum's 2004 executive opinion survey to create estimates of legal as well as illegal corruption.
The table shows each country's Corporate Illegal Corruption Index (CICI), Corporate Legal Corruption Index (CLCI), and an average of the two which Kaufmann calls the Corporate Ethics Index (CEI).
It also shows Kaufmann's estimate of the quality of corporate governance rules "“ the Corporate Governance Index (CGI). Scores are from 0 to 100, the higher the better.
|
Corporate Illegal Corruption Index (CICI) |
Corporate Legal Corruption Index (CLCI) |
Corporate Ethics Index (CEI) |
Corporate Governance Index (CGI) |
Singapore |
93.3 |
72.6 |
83.0 |
80.9 |
Hong Kong |
90.8 |
59.1 |
75.0 |
69.2 |
Malaysia |
66.8 |
47.1 |
59.9 |
66.7 |
China |
43.6 |
49.4 |
46.5 |
35.3 |
Indonesia |
38.2 |
42.4 |
40.3 |
44.7 |
India |
39.4 |
29.8 |
34.6 |
55.4 |
South Korea |
41.9 |
31.0 |
36.4 |
55.4 |
Vietnam |
28.9 |
39.3 |
34.1 |
38.1 |
Thailand |
45.8 |
11.6 |
28.7 |
49.7 |
Pakistan |
22.1 |
23.5 |
22.8 |
31.3 |
Bangladesh |
12.3 |
18.9 |
15.6 |
24.3 |
Philippines |
20.8 |
07.4 |
14.1 |
48.9 |
United States |
84.0 |
30.8 |
57.4 |
89.8 |
Germany |
85.0 |
62.4 |
73.7 |
90.8 |
"”Reuters
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