Sometimes you wonder if the yardstick
used to measure corruption index. Anyway, it is amazing that despite all the
cries of corruption activities in a country like Nigeria, its name is not in
the top-ten most corrupt countries according to transparency international!
10. Eritrea
Corruption score:
18 Power structure: Single-Party
Presidential Democracy
Eritrea is a new entrant onto the
list this year, having vaulted from number 25 to number 10 in 2014. Many people
may have never even heard of Eritrea, let alone be aware of the corruption
issues the country faces. Eritrea is located in Africa, bordering the Red Sea
directly across from Saudi Arabia, bordering Djibouti to the south and Sudan to
the north. Eritrea is a small and relatively poor country, with a GDP of only
$3.44 billion, and a population of 6.3 million.
The situation in Eritrea is clearly
in flux. After years of relative self-imposed isolation, Eritrea has begun
opening its borders to foreign business and investment, along with privatizing
state-owned assets. That has allowed for some government officials, and others
in power, to take advantage of their positions for personal profit. With
undeveloped legal, economic, and political framework, the country has had a lot
of trouble finding a stable foothold in the international community.
Until Eritrea can sort out its
internal problems, it’s likely that the country’s numerous issues will
continue. Due to rule by a single party — despite being a democracy — a
suitable minority party that can successfully challenge for power is likely
what is needed. The economy is expected to continue to stagnate, and the
prospect of war in the region spilling over into the country’s borders are also
concerns for foreign investors.