Corruption has grip on most of the world

A report that ranks corruption on a global scale revealed that half of developing countries in the world suffer from a "high level of corruption." The report also said wealthy nations fare little better.

Bangladesh was ranked as the most corrupt, trailed by Nigeria and Haiti. Ranked least corrupt was Finland, followed by Iceland, Denmark and New Zealand. The United States was 18th least corrupt on the list.

The watchdog group that performed the study, Transparency International, also had some suggestions: Rich countries should end their financial support for corrupt governments and blacklist companies that get caught paying bribes. International oil companies should disclose the payments they make to government-run oil companies as a way to ensure that the wealth of energy-rich countries benefits more of their citizens.

In other words, the more we know about which countries rely on corruption and the methods used to achieve an advantage by correction, the less likely corrpution will succeed. These sound like good ideas. Anything that can be done to make the world less corrupt sounds beneficial.