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W28567265 abstract "Corruption is a blight on social stability and economic growth. The abuse of political power for private benefi t is profoundly unjust to those who are honest or poor. This is now recognised in a new UN Convention Against Corruption, which entered into force in December 2005. The recently published 2005 Corruption Perception Index offers credible estimates of corruption levels in 159 countries. It reveals huge international differences. Poor countries tend to be more corrupt than developed, affl uent countries. Some countries have improved standards of probity in government over time (including highly ranked Australia and New Zealand); others have let matters slip (including the United States, Japan and major European Union countries). Most Third World and many ex-communist regimes are graft riddled. In Australia’s neighbourhood, corruption is pervasive, including in Indonesia and Papua New Guinea. Countries with poorly protected private property rights, over-regulated markets, and a poor rule of law tend to suffer more from entrenched corruption. Rich natural resources, notably oil and gas, facilitate corruption and hence political instability, and possibly even government failure. This is a serious concern for the West, which will for some time yet depend on resource imports. The Corruption Perception Index also shows that, unfortunately, Western military intervention in Afghanistan, East Timor and Iraq has not been able to create honest government—rather the opposite." @default.
W28567265 created "2016-06-24" @default.
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W28567265 date "2006-01-01" @default.
W28567265 modified "2023-09-27" @default.
W28567265 title "Make Poverty History: Tackle Corruption" @default.
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