Corruption in Iceland
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| Corruption by country |
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Corruption in Iceland describes the prevention and occurrence of corruption in Iceland.
Extent
According to several sources, corruption is not common on a daily basis in Iceland.[1][2] However, the global financial crisis and subsequent revelations have had a negative impact on the integrity and independence of Iceland's governing institutions.[3]
According to 2016 results of Corruption Perception Index of Transparency International, Iceland ranks 14th place out of 176 countries.[4]
According to GRECO's evaluation report 2013, the Icelandic political system was weakened by potential nepotism, close personal relationships between public officials and business and political patronage at the local level.[5] In general, businesses do not consider corruption an obstacle for doing business in Iceland, according to World Economic Forum Global Competitiveness Report 2013-2014.[6]
References
- ↑ "Freedom in the World 2013". Freedom House. Retrieved 4 December 2013.
- ↑ "Human Rights Report 2013- Iceland". US Department of State. Retrieved 4 December 2013.
- ↑ "Snapshot of the Iceland Country Profile". Business Anti-Corruption Portal. Retrieved 4 December 2013.
- ↑ "Corruption Perception Index 2016".
- ↑ "Evaluation report 2013- Iceland" (PDF). GRECO & the European Commission. Retrieved 4 December 2013.
- ↑ "Global Competitiveness Report 2013-2014". World Economic Forum. Retrieved 4 December 2013.
