53% of Global Population Thinks Private Sector is Corrupt, Survey Finds

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NGO Transparency International recently released its 2009 Global Corruption Barometer, which surveyed about 73,100 people from 69 countries between October 2008-February 2009. Among the findings:

Worldwide:
–53% of people interviewed think the private sector is corrupt.
–Political parties and the civil service, however, as seen as the most corrupt domestic institution worldwide. The media was seen as the least corrupt.

In the US alone:
–The legislature is seen as the most corrupt institution.
–61% of people think the private sector uses bribes to influence government policy, law, or regulation.
–26% of people think the government’s efforts to fight corruption are effective.

One more interesting point:
–Half the people interviewed expressed that they’d be willing to pay a premium to buy from “corruption-free” companies. The percentage for the US alone is even higher.

That last point makes me think that “Buy Local” campaigns would do well to add “Corruption Free” to their marketing efforts.

Written by Drea Knufken

Drea Knufken

Currently, I create and execute content- and PR strategies for clients, including thought leadership and messaging. I also ghostwrite and produce press releases, white papers, case studies and other collateral.