Economy

Global corruption: How does Latin America stack up? – CSMonitor.com


“If you came here and did everything correctly, you’d fail,” says Smith, who has several businesses in Brazil. “You’ve got to flow with the river a little bit.”

That reality is underscored by Transparency International’s annual Corruption Perceptions Index, released today. The report found that corruption worsened in Latin America over the past year as economic heavyweights Brazil and Mexico didn’t improve and gang-plagued Central America worsened. The index reveals that all of the Americas – spanning from Alaska to Argentina – are now perceived as more corrupt than all of Asia-Pacific – a region that Transparency International classifies from secretive North Korea to war-torn Afghanistan.  via – CSMonitor.com

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