How long and how far can India grow being 47th in high corruption
Sonia Joshi
Sep. 15, 2006

According to a World Bank study on quality of governance across countries, China was placed at 31, while India ranked 47 in the list of most corrupt countries.

A country could get away in the short term with that kind of high corruption and that short term could be 10 years.

The report used six indicators, including the ability to control corruption, to rank quality of governance in more than 200 countries.

They are not in the right zone," said Daniel Kaufmann, director of global governance at the World Bank's research arm. To sustain their rapid economic growth and graduate to the next level of development, China and India must "pay priority to these issues," Kaufmann said. Economies of both China and India have grown briskly over the past decade, despite the reported high levels of corruption and some experts have questioned if there is a clear link between corruption and growth. But Kaufmann said widespread practices of graft will eventually slow growth in the long term. Corruption leads to poor enforcement of the rule of law, weakens regulatory systems, adds to political instability and makes the government less effective - all of which determine the quality of governance in any country, he said.

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