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Corruption Perceptions Index
The Corruption Perceptions Index (CPI) is an index that scores and ranks countries by their perceived levels of public sector corruption, as assessed by experts and business executives. The CPI generally defines corruption as an "abuse of entrusted power for private gain". The index is published annually by the non-governmental organisation Transparency International since 1995. Since 2012, the Corruption Perceptions Index has been ranked on a scale from 100 (very clean) to 0 (highly corrupt). Previously, the index was scored on a scale of 10 to 0; it was originally rounded to two decimal spaces from 1995-1997 and to a single decimal space from 1998. The 2024 CPI, published in February 2025, currently ranks 180 countries "on a scale from 100 (very clean) to 0 (highly corrupt)" based on the situation between 1 May 2023 and 30 April 2024. Denmark, Finland, Singapore, New Zealand, Luxembourg, Norway, Switzerland and Sweden, (almost all scoring above 80 over the last thirteen ...
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Public Sector
The public sector, also called the state sector, is the part of the economy composed of both public services and public enterprises. Public sectors include the public goods and governmental services such as the military, law enforcement, public infrastructure, public transit, public education, along with public health care and those working for the government itself, such as elected officials. The public sector might provide services that a non-payer cannot be excluded from (such as street lighting), services which benefit all of society rather than just the individual who uses the service. Public enterprises, or state-owned enterprises, are self-financing commercial enterprises that are under public ownership which provide various private goods and services for sale and usually operate on a commercial basis. Organizations that are not part of the public sector are either part of the private sector or voluntary sector. The private sector is composed of the economic sec ...
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State Capture
State capture is a type of systemic political corruption in which private interests significantly influence a state's decision-making processes to their own advantage. The term was first used by the World Bank in 2000 to describe certain Central Asian countries making the transition from Soviet communism, where small corrupt groups used their influence over government officials to appropriate government decision-making in order to strengthen their own economic positions. Allegations of state capture have led to protests against the government in Bulgaria in 2013–2014 and in 2020–2021 and Romania in 2017, and have caused an ongoing controversy in South Africa beginning in 2016. Turkey is considered as a post-2002 example of state capture. The term has also been used against Elon Musk by critics of U.S. President Donald Trump. Defining state capture The original definition of ''state capture'' refers to the way formal procedures (such as laws and social norms) and governm ...
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Standard Deviation
In statistics, the standard deviation is a measure of the amount of variation of the values of a variable about its Expected value, mean. A low standard Deviation (statistics), deviation indicates that the values tend to be close to the mean (also called the expected value) of the set, while a high standard deviation indicates that the values are spread out over a wider range. The standard deviation is commonly used in the determination of what constitutes an outlier and what does not. Standard deviation may be abbreviated SD or std dev, and is most commonly represented in mathematical texts and equations by the lowercase Greek alphabet, Greek letter Sigma, σ (sigma), for the population standard deviation, or the Latin script, Latin letter ''s'', for the sample standard deviation. The standard deviation of a random variable, Sample (statistics), sample, statistical population, data set, or probability distribution is the square root of its variance. (For a finite population, v ...
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Mean
A mean is a quantity representing the "center" of a collection of numbers and is intermediate to the extreme values of the set of numbers. There are several kinds of means (or "measures of central tendency") in mathematics, especially in statistics. Each attempts to summarize or typify a given group of data, illustrating the magnitude and sign of the data set. Which of these measures is most illuminating depends on what is being measured, and on context and purpose. The ''arithmetic mean'', also known as "arithmetic average", is the sum of the values divided by the number of values. The arithmetic mean of a set of numbers ''x''1, ''x''2, ..., x''n'' is typically denoted using an overhead bar, \bar. If the numbers are from observing a sample of a larger group, the arithmetic mean is termed the '' sample mean'' (\bar) to distinguish it from the group mean (or expected value) of the underlying distribution, denoted \mu or \mu_x. Outside probability and statistics, a wide rang ...
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University Of Passau
The University of Passau (''Universität Passau'' in German) is a public research university located in Passau, Lower Bavaria, Germany. Founded in 1973, it is the youngest university in Bavaria and consequently has the most modern campus in the state. Nevertheless, its roots as the Institute for Catholic Studies dates back to the early 17th century. Today it is home to four faculties and 39 different undergraduate and postgraduate degree programmes. History The university was established on 1 January 1973 by a resolution of the Bayerischer Landtag (Bavarian State Parliament). However its history goes back to 1622 when an Institute for Catholic Studies was incorporated into the Gymnasium founded by Fürst Leopold in 1612. In 1773, the school was renamed ''fürstbischöfliche Akademie'', highlighting its relationship to the bishop. Nevertheless, in 1803 it was downgraded to a ''kurfürstliches Lyzeum'', which meant a loss of status. After a period of abandonment, it was re-est ...
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World Justice Project
The World Justice Project (WJP) is an international civil society organization with the stated mission of "working to advance the rule of law around the world". It produces the World Justice Project Rule of Law Index, a quantitative assessment tool that shows the extent to which countries adhere to the rule of law in practice. WJP's major activity is the World Justice Forum, a global gathering at which prominent leaders from all parts of the world and a variety of disciplines come together to articulate how the rule of law affects their disciplines and regions and to develop collaborative actions to strengthen the rule of law. WJP was founded by William H. Neukom and William C. Hubbard in 2006 as a presidential initiative of the American Bar Association and with the support of 21 partners. The World Justice Project became an independent 501(c)(3) non-profit organization in 2009. WJP Rule of Law Index The World Justice Project Rule of Law Index is a quantitative assessment ...
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World Economic Forum
The World Economic Forum (WEF) is an international non-governmental organization, international advocacy non-governmental organization and think tank, based in Cologny, Canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer Klaus Schwab. The foundation's stated mission is "improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas". The foundation is mostly funded by its 1,000 member Multinational corporation, multi-national companies. The WEF is mostly known for its annual meeting at the end of January in Davos, a mountain resort in the canton of Graubünden, in the eastern Alps region of Switzerland. The meeting brings together some 3,000 paying members and selected participants – among whom are investors, business leaders, political leaders, economists, celebrities and journalists – for up to five days to discuss list of global issues, global issu ...
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World Bank
The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In its early years, it primarily focused on rebuilding Europe. Over time, it focused on providing loans to developing world countries. In the 1970s, the World Bank re-conceptualized its mission of facilitating development as being oriented around poverty reduction. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its ...
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International Institute For Management Development
International Institute for Management Development (IMD) is an independent academic institute with campuses in Lausanne, Switzerland and Singapore. IMD is known for its executive education and its proximity to business. In 2024, it named David Bach as its new president. History and mission IMD was formed in January 1990 through the merger of independent management education centers International Management Institute (Geneva) (IMI), established in 1946 by Alcan, and Institut pour l'Etude des Methodes de Direction de l'Entreprise (IMEDE) Lausanne established in 1957 by Nestlé. The new organization, the International Institute for Management Development (IMD), settled in Lausanne. The history of IMEDE and its merger with IMI is documented in Jean-Pierre Jeannet and Hein Schreuder (2015, chapters 2 and 4). Its industrial heritage is unusual for business schools, which are usually university-affiliated. IMD business school solely provides executive education; it is a Swiss univers ...
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Global Insight
Global Insight is an economics Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interac ... forecasting organization, serving over 3,800 clients in industry, finance and government, with revenues of over $95 million (in 2006) and employing more than 600 staff in 23 offices in 13 countries.Global Insight Acquires SupplierBusiness Limited
7 November 2007
It is a division of S&P Global after its acquisition of IH ...
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Freedom House
Freedom House is a nonprofit organization based in Washington, D.C. It is best known for political advocacy surrounding issues of democracy, Freedom (political), political freedom, and human rights. Freedom House was founded in October 1941, with Wendell Willkie and Eleanor Roosevelt serving as its first honorary chairpersons. Most of the organization's funding comes from the U.S. State Department and other government grants. It also receives funds from various semi-public and private foundations, as well as individual contributions. The organization's annual ''Freedom in the World'' report assesses each country's degree of political freedoms and civil liberties. Another key annual report, ''Freedom on the Net'', is Freedom House's annual survey and analysis of internet freedom around the world. While often cited by political scientists, journalists, and policymakers, the organization's List of democracy indices, democracy indices have received criticism. Between the 1970s and ...
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