How Is Corruption Affecting Latin American Countries?

Mexico and Argentina lead Transparency International’s list of the countries in Latin America whose citizens perceive their nations as most corrupt. Seventy-two percent of Argentines and 71 percent of Mexicans believe corruption in their countries has grown over the past year, according to the study, which ranked Venezuela a close third. Why are perceptions of corruption comparatively high in these countries? In which countries are governments undertaking real actions to root out corruption, and where are such efforts lacking? How is corruption affecting the business and investment climate in Latin American countries?

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