Jamaica Struggles with Financial Corruption Despite Improving Rankings
Despite a recent jump in rankings, Jamaica remains plagued by entrenched and widespread financial corruption, which continues to drive poverty and crime in one of the poorest and most dangerous countries in the Americas.
The State of Corruption in Jamaica
According to Transparency International’s 2017 Index, Jamaica received a score of 44 out of 100, indicating “prevalent bribery, a lack of punishment for corruption, and public institutions that do not respond to the needs of citizens.” The organization notes that any score under 50 is a cause for concern.
Jamaicans’ Perception of Corruption
Jamaicans themselves have a dismal view of corruption within their country. According to the 2017 Global Corruption Barometer:
- 51% of Jamaicans believe most or all police are corrupt.
- 37% think most (or all) representatives in Parliament are corrupt.
This perceived corruption has far-reaching consequences for poverty, especially in developing countries like Jamaica.
Consequences of Corruption
Corruption not only diverts vital funding away from critical infrastructure such as:
- Healthcare
- Education
- Roads
but also undermines quality of life by redirecting funds into private pockets. The resulting underfunded government fails to provide adequate protection, jobs, and basic services to its citizens. Additionally, the perception of a corrupt government discourages participation within the legal framework, leading many to turn to extralegal groups for protection and livelihood.
Impact on Jamaica’s Economy
Corruption also has devastating effects on Jamaica’s economy, including:
- Reduced foreign investment
- Lack of development
- Inefficient allocation of resources
The World Bank notes that countries with high levels of corruption have an average income about a third lower than those with low levels of corruption, further exacerbating poverty.
Progress and Recommendations
Despite these challenges, there are positive signs indicating Jamaica is moving in the right direction. Transparency International reports that corruption in Jamaica has been decreasing, and the country’s improved rank in global corruption indexes is a testament to this progress. The Jamaican government has also taken steps towards combating corruption, including the establishment of an independent anti-corruption unit.
To combat financial corruption, Transparency International recommends:
- Encouraging free speech and an independent media
- Minimizing regulations on media
- Promoting laws that focus on access to information
- Advocating for reforms at national and global levels
- Disclosing relevant public interest information
Ordinary Citizens’ Role in Combating Corruption
Ordinary citizens can also play a crucial role in the fight against corruption. Jamaicans overwhelmingly believe they can make a difference, with:
- 73% of the population believing they can take action.
Transparency International suggests several ways individuals can contribute to the anti-corruption effort, including:
- Saying no to paying bribes
- Reporting incidents of corruption
- Joining anti-corruption organizations
- Participating in peaceful protests
- Spreading awareness through social media
Conclusion
As Jamaica continues its battle against financial corruption, the message from Transparency International is one of hope. By prioritizing anti-corruption efforts, Jamaicans can bring an end to widespread poverty and social ills perpetuated by corruption.