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Do International Corruption Metrics Matter? - The Impact of Transparency International's Corruption Perception Index (Hardcover)
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Do International Corruption Metrics Matter? - The Impact of Transparency International's Corruption Perception Index (Hardcover)
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Corruption, often seen as the main hindrance to development and
growth in many societies, has led to greater demand for
accountability and transparency in how governments conduct their
businesses. This text examines the impact of Transparency
International's Corruption Perceptions Index and whether or not the
CPI and hence TI matter. It explores three areas: the world's
political and economic responses and Jamaica's policy responses to
the CPI. Jamaica is selected for a case study due to its high CPI
rating from TI; Jamaica is a country that has strong
anti-corruption laws but, nonetheless, sees its CPI ranking worsen
almost yearly. Taking into consideration the importance scholars
and policymakers give to corruption's effect on development, the
findings show that the CPI-the most cited corruption index-does not
change the behavior of world's political and economic policymakers.
Although the index is published yearly, there is no measured change
as it regards political and economic policymakers. Nonetheless,
Jamaican policymakers pay significant attention to their
performance on TI's CPI. Transparency International's CPI is used
as the authoritative tool to assess countries' corruption
perceptions scores by both international governments and several
international agencies. The use and reference of TI's CPI does not
translate as the main factor in regards to the increase and or
decrease of aid flow. Surprisingly, there was no evidence that the
CPI affected the credit rating and or investment flow into Jamaica.
It did indicate, however, that TI's CPI is reflective of the global
market perceptions of Jamaica's economy. Research shows that the
index does change policy responses in Jamaica as government
officials across varying agencies pay attention to the index and
the progression and or worsening of the country's score.
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