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Honesty pays.

Chile, Uruguay and Costa Rica were considered the most honest Latin American countries during 2004, while Bolivia, Guatemala and Paraguay were the most corrupt, according to the non-government organization Transparency International's annual Corruption Perceptions Index. That's good news for the people of the top three. GDP per-capita rates, which measure how well the economy benefits a country's citizens, tended to be higher among the more honest nations. In 2003, Chile, Uruguay and Costa Rica also led the Latin American list.

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Publication:Latin Trade
Article Type:Brief Article
Geographic Code:3URUG
Date:Mar 1, 2005
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