Corruption bars way to more investment

Manfredo Marroquín, the Central American representative of Transparency International, said the region has to tackle corruption if it wants to promote more investment.

Thursday, May 8, 2008

El Salvador, for example, urgently needs to pass legislation that gives citizens the right of access to official information, Marroquín said. Countries also need to establish Web pages that reveal every stage of public tenders, he added.

More on this topic

Things are Bad in Guatemala

May 2015

The Otto Perez Molina administration appears to be disintegrating in time with the successive dismantling of networks of entrenched corruption at the highest level, jeopardizing the country's basic institutions.

EDITORIAL

There are very few occasions when political parties with different ideologies and civil groups with dissimilar origins in Latin America have teamed up to denounce the same cause, as is currently happening in Guatemala. The dismantling the corruption networks and what could still be "uncovered", is keeping in suspense a country where the last thing needed is the paralysis and putting in jeopardy of its already fragile institutions.

Corruption Perception Index 2014

December 2014

In Central America, the public sector perceives Nicaragua as the most corrupt country (transparency level 28 on a scale of 0-100), followed by Honduras (29), Guatemala (32), Panama (37), El Salvador (39), and Costa Rica (54).

"... When leaders and senior officials abuse their power by using public funds for personal gain, economic growth is undermined ... "- Transparency International

Central America, Where Corruption Reigns

December 2013

The majority of Central American nations are perceived as being the most corrupt in Latin America.

The Index of Corruption Perception created by Transparency International, ranks Honduras, Guatemala and Nicaragua in the list of countries perceived as the most corrupt.

Honduras is ranked at number 140, while Nicaragua and Guatemala are located in positions 127 and 123, respectively.

Transparency International’s 2008 Corruption Perceptions Index

September 2008

Central America Ranking: Costa Rica 47, El Salvador 67, Panamá 85, Guatemala 96, Honduras 126, Nicaragua 134.

With countries such as Somalia and Iraq among those showing the highest levels of perceived corruption, Transparency International’s (TI) 2008 Corruption Perceptions Index (CPI), launched today, highlights the fatal link between poverty, failed institutions and graft. But

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