Corruption in Iceland
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Corruption in Iceland is examined on this page.
Extent
According to several sources, corruption is not common on a daily basis in Iceland.[1][2] However, the global financial crisis and subsequent revelations have had an negative impact on the integrity and independence of Iceland's governing institutions.[3]
According to GRECO's evaluation report 2013, the Icelandic political system was weakened by potential nepotism, close personal relationships between public officials and business and political patronage at the local level.[4] In general, businesses do not consider corruption an obstacle for doing business in Iceland, according to World Economic Forum Global Competitiveness Report 2013-2014.[5]
References
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