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New Zealand has fallen to fourth place in the Transparency International Corruption Perceptions Index (TI-CPI). This is its second consecutive drop in a survey it has previously topped with the corruption-free reputation of its public sector.
Denmark, Finland and Sweden are now perceived to have the least corrupt public sectors. New Zealand was ranked number one in both the 2012 and 2013 surveys, falling behind Denmark in the 2014 survey then Sweden and Finland in the just-released 2015 survey.
The TI-CPI is produced each year to highlight the global importance of transparency. Dropping to fourth place has huge disadvantages for New Zealand, both from a governing and economic perspective.