b1854
Corruption, Good Governance and Economic Development: Contemporary Analysis and Case Studies
Chapter 2
Some Quantitative Measures of Corruption R. N. Ghosh and M. A. B. Siddique* UWA Business School
Abstract The word “corruption” has a moral as well as a qualitative connotation. Corruption is immoral and therefore it has to be stamped out. In this chapter, we discuss some of the quantitative measures of corruption. The Transparency International (TI) has developed several measures. The most popular measure is known as the Corruption Perceptions Index (CPI). The TI produces another measure of corruption known as the Global Corruption Barometer (GCB). A third measure is known as the Bribe Payers Index (BPI), which assesses the supply side of corruption and ranks corruption by source country and industry sector. The World Bank corruption index is known as the Control of Corruption Index (CCI). Yet another measure of corruption known as the International Country Risk Guide (ICRG) has been published on a monthly basis since 1980 by what is known as the PRS Group. A final measure that is discussed in this chapter is known as the Opacity Index (OI). This index was produced for the first time in 2001, by the PricewaterhouseCoopers (PwC). Keywords: Corruption, Transparency International, Corruption Perception Index (CPI), Global Corruption Barometer (GCB), Bribe Payers Index (BPI), World Bank, PricewaterhouseCoopers, PRS Group. * We wish to thank Rebecca Doran-Wu, UWA Business School, for her excellent research assistance in preparing this chapter. 9
b1854_Ch-02.indd 9
12/2/2014 11:39:15 AM