Did you know that in 2013 something between $32 billion and $53.1 billion can be accounted as “corruption money” in Brazil? We’ve put together an infographic to briefly highlight indicators of Brazil’s high risk market.
As a token of appreciation ACI blog readers are entitled to receive $100 when registering for ACI’s 5th Global Forum on Anti-Corruption Compliance in High Risk Markets. Reference code LNK2. Promotion ends June 13th,2014.
To register, visit: www.fcpaconference.com/highrisk Highlights of the Infographic:- Ranked 72 out of 177 countries on Corruption Perception Index.
- A 2010 study by the FIESP (the Federation of Industries of Sao Paulo State, in its acronym in Portuguese), the average annual cost of corruption in Brazil is between 1.38% to 2.3% of the country’s total GDP.
- In 2013 something between $32 billion and $53.1 billion can be accounted as “corruption money” .