Integrated assessment of the corruption level in the world
Integrated assessment of the corruption level in the world
Author(s): Natalia Panasenko, Olha Myrna, Alla SvitlychnaSubject(s): Economy, National Economy, Business Economy / Management, Public Finances, Corruption - Transparency - Anti-Corruption
Published by: Institute of Society Transformation
Keywords: Integrated Assessment; Integrated Assessment of The Corruption Level; Rating Indices; Multicollinearity; Regression Equations;
Summary/Abstract: The methodology of assessing the level of corruptibility of the society occupies an important place in the strategic programs of anti-corruption activities. The obtained rating indicators reflect the dynamics of corruption in the country, and the change of the state’s position in the ranking show the efficiency of anti-corruption policy. Since the data of obtained ratings differ significantly, the urgent scientific problem is to combine them in a single integral assessment. The authors have developed a methodology of integral assessment of the level of corruption in the country and evaluated the influence of different social and economic factors on it. Integral assessment was carried out on the basis of initial indicators Corruption Perception Index, Index of Economic Freedom, World Government Indicator, Doing Business, Political Risk Services International Country Risk Guide. We have used the method of modified principal component to determine gross coefficients of the above indicators in the integral assessment. The following indicators were found to have a significant impact on the level of corruption: human development index, education index, GDP per capita, coefficient of human inequality, employment to population ratio, unemployment. A multi-factor model has been developed that makes it possible to evaluate the efficiency of anti-corruption measures taken.
Journal: Економічний часопис - ХХІ
- Issue Year: 191/2021
- Issue No: 7-8(1)
- Page Range: 4-15
- Page Count: 12
- Language: English