Korea ranks high in anticorruption standingsThe Germany-based European Research Centre for Anti-corruption and State-Building (Ercas) ranked Korea 19th out of 117 countries on a list measuring how well a nation controls corruption, according to the Korean government this week.
The U.S.-based TRACE International also ranked Korea 23rd among 200 countries least likely to face bribery risks.
Korea’s Anti-Corruption & Civil Rights Commission (ACRC) said in a press release Monday that the country ranked 19th on the Ercas’s 2019 Index of Public Integrity, which, along with the support of the European Union, measured countries on their capacity to control corruption.
The Index of Public Integrity was composed of six major components in regard to corruption control: judicial independence, administrative burden, trade openness, budget transparency, e-citizenship and freedom of the press.
Korea ranked first in e-citizenship and 19th in administrative burden.
In another assessment called the TRACE Bribery Risk Matrix, TRACE International, a business risk management solution provider, evaluated the likelihood that companies will be asked for bribes from public officials in the countries they’re doing business in.
Korea ranked 23rd least likely, higher than Japan’s rank of 25th. North Korea, along with Somalia, South Sudan, Yemen and Venezuela ranked the lowest as they presented the highest risk of bribery demands, according to the data.
“We will thoroughly analyze the country-specific corruption index of new corruption risk assessment and identify areas for improvement and push forward anti-corruption policies accordingly,” Pak Un Jong, chairperson of the ACRC, said in a statement.
BY LEE SUNG-EUN [firstname.lastname@example.org]