Let’s get straight to the point: No country gets close to a perfect score in the Corruption Perceptions Index 2016.
Over two-thirds of the 176 countries and territories in this year’s index fall below the midpoint of our scale of 0 (highly corrupt) to 100 (very clean). The global average score is a paltry 43, indicating endemic corruption in a country’s public sector. Top-scoring countries (yellow in the map below) are far outnumbered by orange and red countries where citizens face the tangible impact of corruption on a daily basis.
Corruption Perceptions Index 2016
Corruption and inequality: How Populists Mislead People
Over 13% of the world’s youth are unemployed and, in many countries, this figure easily goes beyond 40%. What innovative approaches in education and employment can political and business leaders pursue to help get youth off the streets and realize their full potential? Connecting live to the following cities: – Baku on putting peer-to-peer learning into practice – Bangalore on moving beyond menial jobs – Budapest on combating the drivers of brain drain – Monterrey on improving access to and reach of education This session was developed with the Global Shapers Community, focusing on global issues and local solutions. It is part of a series of live events connecting to 16 cities worldwide.
Dagmar Frank announces the winner of W-T-W.org Women and Finance Cartoon of the Year. Congratulations to Marilena Nardi for fighting corruption with “Mani in Tasca” Hands in the pocket. On a website dedicated in part to the definition and exploration of corruption, Nardi’s subtle, portrayal of corruption’s insidious role in society highlights the problem with a cruel grace.
Second prize to Silvan Wegmann for the wonderful cartoon on “Women’s Day”
It’s A Man’s World.
Third prize to ZUNAR-Zulkiflee Anwar Haque for his self portrait “Cartooning in Malaysia”.
A Malaysian Political Cartoonist on Facing His Fears, and Prison, for Art.
In an interview, Mr. Zulkiflee, 54, discussed how social media has become an increasingly important channel for political dissents, and why he continues to use his art to investigate corruption and injustice.
With interest rates diverging, how can central banks safely land monetary policy? This session was developed in partnership with the Wall Street Journal.
Carmen M. Reinhart
Minos A. Zombanakis Professor of the International Financial System, Harvard Kennedy School of Government
Oxfam highlights world inequality ahead of WEF Davos summit.
The eight richest businessmen own as much as half the world’s population, 3.6 billion people, according to the Oxfam Inequality is “more shocking than ever before” the aid group said. In its Report, Oxfam called for an overhaul of what it described as a “warped” economy which allowed eight billionaires to own as much wealth as half of the world’s population, or 3.6 billion people.
The report was published on Monday, a day ahead of the start of the World Economic Forum WEF for the world’s politicians and business leaders in the ski resort of Davos in the Swiss Alps.
But how big the inequality gap is it? Check it by the numbers:
- Just eight men own the same wealth as the 3.6 billion people who make up the poorest half of humanity. None of them has earned his fortune through talent or hard work, but by inheritance or accumulation through industries which are prone to corruption and cronyism.
- Seven out of 10 people live in a country that has seen a rise in inequality in the last 30 years.
- The richest are accumulating wealth at such an astonishing rate that the world could see its first trillionaire in just 25 years. So, you would need to spend $1 million every day for 2738 years to spend $1 trillion.
- Extreme inequality across the globe is having a tremendous impact on women’s lives. Employed women, who face high levels of discrimination in the work place, and take on a disproportionate amount of unpaid care work often find themselves at the bottom of the pile. On current trends, it will take 170 years for women to be paid the same as men.
- Corporate tax dodging costs poor countries at least $100 billion every year. This is enough money to provide an education for the 124 million children who aren’t in school and prevent the deaths of at least six million children thanks to health care services.
The List of Top 20 Female Entrepreneurs to Watch in 2017 highlights CEOs from medtech, edtech, spacetech, VR and fashion technology.
Every year, female entrepreneurs take their ideas and change the world around us and 2017 is going to be no different. CIO’s Top 20 list of female entrepreneurs to watch in 2017 employs thousands of workers and collectively have raised tens of millions of dollars for their companies. After the jump: CIO’s list of 20 female entrepreneurs you’ll want to watch in 2017:
1. Julia Taylor Cheek
Julia Taylor Cheek isn’t new to business but the Harvard Business grad’s new company is literally changing the way we live. Cheek’s company, EverlyWell (of which she is both co-founder and CEO) is simplifying health testing and putting it into words and charts that everybody can understand.
2. Esosa Ighodaro
Embracing the selfie movement, Esosa Ighodaro’s simple yet creative app COSIGN allows people to tag product information in their picture. This helps online shoppers cut corners while looking for the style they want, giving them almost immediate access to clothing, accessories, products and more.
3. Amanda Signorelli
If you haven’t heard of Techweek yet, you’re bound to at some point in 2017. Amanda Signorelli, CEO of Techweek, is building tech-based entrepreneurial communities in major cities across North America, helping local business break through.
4. Danielle Morrill
Financial empowerment makes women more concerned about their participation in decision making A total of 1,387 working women from Mumbai were interviewed to analyse aspects like control over finance, household decisions and freedom of movement.
Zeeshan Shaikh reports: Women’s participation in the decision making process and their autonomy are equally important components of women empowerment, along with access to resources. A study was published in the International Journal of Science and Research to analyse the decision making powers of working women within the family.
Women claim more autonomy on husband’s income in joint families. The reason for this could be that other family members, such as in-laws, too stake claim to this income in joint families. On the other hand, women in nuclear families do not have this fear.
Dimensions-of Womens Autonomy and Family Influence
The ExxonMobil chief nominated by Donald Trump to be Secretary of State was a director of an offshore company that had close dealings with Russia.
Tillerson was appointed in 1998 as a director of Exxon Neftegas, an ExxonMobil subsidiary involved in oil and gas operations in Russia, according to leaked documents from the Bahamas corporate registry received by the German newspaper Süddeutsche Zeitung and shared with ICIJ.
Publicintegrity.org/Tillerson directed Offshore Company used Russia-Deals
Offshore Leaks Database
Refusing to bow to a French court decision which was clearly politically motivated, the IMF directors supported Ms. Lagarde’s continuing leadership of the fund.
Dominique Strauss-Kahn was removed for transgressions that occurred while he was running the IMF. If Ms. Lagarde was in fact guilty, events took place while she was still in the administration of Nicolas Sarkosy.
Since she has taken charge of the IMF, Ms. Lagarde has worked tirelessly on behalf of women and tried to bring attention to growing inequality in the world. Her work on behalf of these two critical issues and many others surely suggests that she is a good leader for the IMF.