Trace Bribery Risk Matrix 2019

TRACE International, the world’s leading anti-bribery standard setting organization, has released the 2019 edition of Trace Bribery Risk Matrix (TRACE Matrix). TRACE Matrix is a global business bribery risk assessment tool that measures business bribery risk in 200 countries, territories, and autonomous and semi-autonomous regions.

About Trace Bribery Risk Matrix

Ranking Parameter: Trace provides a score from 1 to 100 to each country for each domain and if a country gets a higher score it means it is in a higher risk of business bribery.

Score is based on Four Factors:

  • Business Interactions with Government
  • Anti-Bribery Deterrence and Enforcement
  • Government and Civil Service Transparency
  • Capacity for Civil Society Oversight, including the role of the media

Report Highlights

Lowest Bribery Risk: New Zealand, Norway, Denmark, Sweden and Finland

Highest Bribery Risk: Somalia, South Sudan, North Korea, Yemen and Venezuela

With a total risk score of 48, India is ranked higher and has been placed in a better position than neighbouring China whose score is 59. Other countries having a score of 48 in the matrix are: Azerbaijan, Ghana, the Bahamas, Panama, Samoa and Thailand, also have.

Among BRICS nations, South Africa is ahead of other countries with a score of 42 while the scores of Brazil and Russian Federation are 53 and 55, respectively.

Bangladesh is the highest risk country in terms of bribery in South Asia as its total risk score was 72 in this index. Bangladesh was ranked 178 while India stands on 78th rank.

GoI: Consumer Expenditure Survey, 2017-18 not to be released due to quality issues

The Ministry of Statistics and Programme implementation said that it is not releasing Consumer Expenditure Survey due to quality issues. The next Consumer Expenditure Survey is to be conducted in 2020-21 and 2021-22.

Highlights

According to the National Statistical Office (NSO) functioning under the Ministry, there was significant increase in the divergence in the consumption pattern. Also there were noticeable direction of change in the data as compared to the other administrative data sources like goods and services.

The Ministry is also looking ways to change the base year of the survey. Currently the base year of the survey is 2011-12. It is considering options to change the base year to 2017-18.

Consumer Expenditure Survey

  • The survey is carried out by the NSO through out India on household consumption expenditure. The survey is conducted in quinquennial intervals. Previously the survey was conducted in 2011-12.
  • The survey provides data on household Monthly Per Capita Consumer Expenditure (MPCE).
  • It also provides information on distribution of households
  • The survey generates estimates on persons over the MPCE classes.
  • The survey is designed to generate information about expenditure on consumption of goods and services. It includes both and food and non-food products consumed in households.
  • The data released by the survey are also used in determining macro-economic indicators and for rebasing of the GDP.