Corruption is a problem for all economies, requiring leading financial centres in the European Union and the United States to act together with fast-growing economies to stop the corrupt from getting away with it, said the Berlin based group on December 3.
They claim corporate secrecy and global money laundering make it harder for emerging economies – like Myanmar – to fight corruption.
Myanmar saw no change between 2013 and 2014 with a Corruption Perception Index ranking of 21, 100 being very clean and 0 as highly corrupt, according to the group's 2014 survey.
Myanmar ranked 156 out of this year's total list of 174, a slight improvement on 2013 when it placed 175 alongside Afghanistan and Somalia. The total list of country rankings varies in number from year to year.
As a comparison, war-wracked Syria ranked close at 159 with a Corruption Perception Index ranking of 20.
"The 2014 Corruption Perceptions Index shows that economic growth is undermined and efforts to stop corruption fade when leaders and high level officials abuse power to appropriate public funds for personal gain," said Mr José Ugaz, the chairperson of Transparency International.
http://www.information.myanmaronlinecentre.com/no-improvement-in-myanmars-levels-of-corruption-says-report/
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