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Corruption in Iceland

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According to several sources, corruption is not common on a daily basis in Iceland[1] [2]. However, the global financial crisis and subsequent revelations have had an negative impact on the integrity and independence of Iceland's governing institutions[3]. According to GRECO's evaluation report 2013, the Icelandic political system was weakened by potential nepotism, close personal relationships between public officials and business and political patronage at the local level[4]. In general, businesses do not consider corruption an obstacle for doing business in Iceland, according to World Economic Forum Global Competitiveness Report 2013-2014 [5].

References

  1. ^ "Freedom in the World 2013". Freedom House. Retrieved 4 December 2013.
  2. ^ "Human Rights Report 2013- Iceland". US Department of State. Retrieved 4 December 2013.
  3. ^ "Snapshot of the Iceland Country Profile". Business Anti-Corruption Portal. Retrieved 4 December 2013.
  4. ^ "Evaluation report 2013- Iceland" (PDF). GRECO & the European Commission. Retrieved 4 December 2013.
  5. ^ "Global Competitiveness Report 2013-2014". World Economic Forum. Retrieved 4 December 2013.