Corruption Perceptions Index 2023: Global Struggles Persist, Asia Pacific Included

The July 2024 issue of IHC Magazine republished an article from Morrison Foerster titled “Corruption Perceptions Index 2023: Global Struggles Persist, Asia Pacific Included.” Authored by James Koukios, Daniel Levison, Chen Zhu, Timothy Blakely, Saqib Alam, and Rishikeesh Wijaya, the article analyzed the results from the annual Corruption Perceptions Index (CPI) for 2023 published by Transparency International (TI) and what the results mean for companies operating in the Asia Pacific (APAC) region.

The CPI ranks perceptions of public-sector corruption in 180 countries and territories from a variety of sources, reflecting the views of experts and business people. The 2023 CPI results suggest that there has been limited progress in the global fight against corruption, with TI observing that a “vast majority of countries have made no progress or declined in the last decade.” For the APAC region in particular, TI observed that “very few countries show sustained turnarounds that indicate significant changes in corruption levels,” with “the lack of delivery by elected officials on anti-corruption agendas” being among several reasons for stagnating CPI scores in the region.

IHC Magazine is a major magazine for the In-House Community across Asia and the Middle East. It provides thought-provoking analysis and discussion of vital legal, regulatory, and business issues, along with news and profiles of leading in-house practitioners.

Read the full article online.