Wednesday, September 24, 2008
Reference: Corruption is humanitarian disaster, Bangkok Post, September 24, 2008
Singapore, a country that has been taken over through state capture by an elite few is considered less corrupt than open, democratic, and transparent societies in Europe by the TI corruption perception index (Corruption is humanitarian disaster, Bangkok Post, September 24, 2008). This upside down ranking tells us more about the instrument than about corruption. I am guessing that the TI instrument is good at measuring corruption in the small, not very good at measuring corruption in the large, and completely unable to detect state capture.