• Costa Rica Coffee Guide

Costa Rica’s Corruption Fight Recognized

August 10, 2007

Costa Rica is one of the best and most improved nations in Latin America when it comes to fighting corruption, according to a recent World Bank report.

The study, “Governance Matters, 2007,” reviews the progress of 212 countries in ethics during the past decade. The report considers three priority areas in the fight against corruption and strengthening democracy, rating countries on a 1 to 100 point scale.

Costa Rica had 67 points, which puts it behind only Uruguay and Chile in Latin America.

One of the things the report found was that emerging countries are matching rich countries on key dimensions of governance.

“Over a dozen developing countries, such as Slovenia, Chile, Botswana, Estonia, Uruguay, Czech Republic, Latvia, Lithuania and Costa Rica, score higher on key dimensions of governance than industrialized countries such as Greece or Italy,” according to a statement from the World Bank.

The six criteria considered in the study were voice and accountability of citizenry, political stability and absence of violence, government effectiveness, regulatory quality, rule of law and control of corruption. Haiti, Venezuela and Paraguay ranked at the bottom of the list for Latin American countries.

“The hopeful news is that a considerable number of countries… are showing that it is possible to make significant governance progress in a relatively short period of time. Such improvements in governance are critical for aid effectiveness and for sustained long-run growth,” said Daniel Kaufmann, co-author of the report and Director of Global Programs at the World Bank Institute.

“Bribery around the world is estimated at about U.S. $1 trillion, and the burden of corruption falls disproportionately on the bottom billion people living in extreme poverty,” he added.

 

You may be interested

Buying Property in Costa Rica Part 1: Due Diligence
Real estate
2 views
Real estate
2 views

Buying Property in Costa Rica Part 1: Due Diligence

Chris Howard - May 12, 2021

Relocation to a new country can be a daunting task. Not doing the correct research can most often mean the…

PAHO warns Covid-19 is far from under control in the Americas
Latin America
4 views
Latin America
4 views

PAHO warns Covid-19 is far from under control in the Americas

The Tico Times - May 12, 2021

The Covid-19 pandemic is far from being under control in the Americas despite the reduction in cases in the United…

Pic of the Day: The magical Río Celeste waterfall
Costa Rica
5 views
Costa Rica
5 views

Pic of the Day: The magical Río Celeste waterfall

The Tico Times - May 12, 2021

It's called Río Celeste for a reason. Tenorio Volcano National Park is home to this stunning waterfall and vivid blue…

The Tico Times | Costa Rica News | Travel | Real Estate