One of the buzz-word issues amongst policy experts in


Question: One of the buzz-word issues amongst policy experts in recent years has been "transparency." This has to do with the openness and fairness with which government, in particular, carries out its activities. Are the same rules/laws/policies applied to everyone? Are the rules/laws/policies clear and worth more than the paper on which they are written? How much corruption is there? In other words, does government operate in a "transparent" way so that the "rules of the game" are fairly applied? Go to https://www.transparency.org and open the Corruption Perceptions Index (CPI) file. Record the CPI value for China, India, Korea, the UK, Nigeria, Mexico, Saudi Arabia, and one other country that interests you. What does the CPI value tell you? What are the critical cut-off values of the CPI?

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Microeconomics: One of the buzz-word issues amongst policy experts in
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