{"id":147732,"date":"2021-11-20T19:04:27","date_gmt":"2021-11-20T13:34:27","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=147732"},"modified":"2021-12-15T10:54:03","modified_gmt":"2021-12-15T05:24:03","slug":"india-stands-at-82-in-global-bribery-risk-rankings-dips-by-five-spots","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/india-stands-at-82-in-global-bribery-risk-rankings-dips-by-five-spots\/","title":{"rendered":"Bribery Risk Matrix, 2021: India stands at 82 in global bribery risk rankings, dips by five spots"},"content":{"rendered":"\n<h5><b>What is the News?<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">The <\/span><span style=\"font-weight: 400;\">Bribery Risk Matrix 2021 has been released by <\/span><span style=\"font-weight: 400;\">TRACE, an anti-bribery standard-setting organization. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The risk matrix measures the likelihood of bribe demands in 194 jurisdictions.<br \/>\n<\/span><\/p>\n<h5><b>About <\/b><b>Bribery Risk Matrix 2021\u00a0<\/b><\/h5>\n<p><b>Aim:<\/b><span style=\"font-weight: 400;\">\u00a0To measure business bribery risk in 194 countries, territories, and autonomous and semi-autonomous regions.<\/span><\/p>\n<p><b>First Published in<\/b><span style=\"font-weight: 400;\">: The index was originally published in 2014 for more reliable and nuanced information about the risks of commercial bribery worldwide.<\/span><\/p>\n<p><b>Parameters:<\/b><span style=\"font-weight: 400;\"> The matrix is <\/span><span style=\"font-weight: 400;\">based on four factors \u2014\u00a0 <strong>i).<\/strong> Business interactions with the government, <strong>ii).<\/strong> Anti-bribery deterrence and enforcement, <strong>iii).<\/strong> Government and civil service transparency, <strong>iv).<\/strong> Capacity for civil society oversight, which includes the role of the media.<\/span><\/p>\n<p><b>Source of Data<\/b><span style=\"font-weight: 400;\">: <\/span><span style=\"font-weight: 400;\">Leading public interest and international organisations, including the United Nations, World Bank, V-Dem Institute at the University of Gothenburg and World Economic Forum.<\/span><\/p>\n<p><strong>Significance<\/strong>: Helps companies to assess the likely risk of bribe demands in each country and to design compliance and due diligence programs tailored to that risk.<\/p>\n<h5><b>What are the key findings?<\/b><\/h5>\n<p><span style=\"font-weight: 400;\"><strong>&#8211;<\/strong> India has slipped to <strong>82<sup>nd<\/sup><\/strong> position in 2021 which is five places down from <strong>77<sup>th<\/sup><\/strong> rank in 2020.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong>&#8211;<\/strong> India fared better than its neighbors \u2013 Pakistan, China, Nepal and Bangladesh. Meanwhile, Bhutan secured 62<sup>nd<\/sup> rank.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong>&#8211; Lowest bribery risk<\/strong>: Denmark, Norway, Finland, Sweden and New Zealand.<br \/>\n<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong>&#8211; Highest commercial bribery risk<\/strong>: On the other hand, North Korea, Turkmenistan, Venezuela and Eritrea.<br \/>\n<\/span><\/p>\n<p><b>Source:<\/b><span style=\"font-weight: 400;\"> This post is based on the article<\/span><b> \u201c<\/b><b>India stands at 82 in global bribery risk rankings, dips by five spots<\/b><b>\u201d <\/b>published by<b> Indian Express <\/b>on<b> 19th Nov 2021.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is the News? The Bribery Risk Matrix 2021 has been released by TRACE, an anti-bribery standard-setting organization. The risk matrix measures the likelihood of bribe demands in 194 jurisdictions. About Bribery Risk Matrix 2021\u00a0 Aim:\u00a0To measure business bribery risk in 194 countries, territories, and autonomous and semi-autonomous regions. First Published in: The index was&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/india-stands-at-82-in-global-bribery-risk-rankings-dips-by-five-spots\/\">Continue reading <span class=\"screen-reader-text\">Bribery Risk Matrix, 2021: India stands at 82 in global bribery risk rankings, dips by five spots<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,9],"tags":[],"class_list":["post-147732","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-public","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704767062},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/147732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=147732"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/147732\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=147732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=147732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=147732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}