Corruption in Iceland

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 overall financial crisis and subsequent revelations have had a negative impact on the integrity and independence of Iceland’s governing institutions. [3]

Transparency International’s 2016 Corruption Perception Index ranks the country 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 political patronage at the local level. [5] In general, businesses do not consider corruption in doing business in Iceland, according to the World Economic Forum Global Competitiveness Report2013-2014. [6]

References

  1. Jump up^ “Freedom in the World 2013” . Freedom House . Retrieved 4 December 2013 .
  2. Jump up^ “Human Rights Report 2013- Iceland” . US Department of State . Retrieved 4 December 2013 .
  3. Jump up^ “Snapshot of the Iceland Country Profile” . Business Anti-Corruption Portal . Retrieved 4 December 2013 .
  4. Jump up^ “Corruption Perception Index 2016” .
  5. Jump up^ “Evaluation report 2013- Iceland” (PDF) . GRECO & the European Commission . Retrieved 4 December 2013 .
  6. Jump up^ “Global Competitiveness Report 2013-2014” . World Economic Forum . Retrieved 4 December 2013 .

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