never happened (click), and so it remains an important (if imperfect) measurement, with very little competition to compare it to.
Something similar could be said,
incidentally, about the statistics generated by Freedom House (although
it’s easy to complain about their shortcomings, it’s hard to find a
better measure in current use).
I created this graphic after hearing a lecture from an economist who
argued persuasively that many Europeans fail to understand just how
profoundly corrupt Greece is, both politically and economically (while
being engaged in “bail-outs”, etc.).
Many interesting contrasts leap out of the chart: Greece is a country
that thinks of itself as poor (relative to countries like France) but,
in fact, it is quite wealthy compared to a country with similar
corruption score, like Thailand.
"Wealth" here is per capita G.D.P. at P.P.P., and it is worthwhile to consider just how much that last part (P.P.P.)
flatters the contrast between rich and poor (in absolute terms, the
disparity would be much greater, and those absolute differences do
matter, in many contexts).
[Note: I actually made this chart back in September of 2013… but it hasn't appeared on this blog before.]