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India, Asia's 4th most corrupt nation
April 10, 2009
3. Cambodia
Cambodia, with a score of 7.25, is Asia's third most-corrupt economy. According to estimates, 10 per cent of Cambodia's annual GDP is lost to corruption, highlighting largescale corruption.
It is has been 16 years since the United Nations organised elections in Cambodia to start a new democratic government after the terrible reign of the Khmer Rouge. But people are still suffering as the whole system is corrupt.
Corruption hampers economic opportunity and competitiveness, and demands for petty bribes are common. Pervasive corruption makes Cambodia highly vulnerable to penetration by drug traffickers and foreign crime syndicates, a study by the Heritage Foundation states.
Image: A Cambodian rides a cycle decorated with stickers and balloons in Phnom Penh. The logo symbolizes an anti-corruption campaign by a group of Cambodian advocacy workers. | Photograph: Khem Sovanara/Reuters.
Also read: Net connection: The top 10 countries
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