Posts tagged wyoming
Global Integrity’s research on corruption laws with state by state ranking certainly did bring questions in my mind. I do understand that the research did not attempt to locate corruption but only looked at the structure to protect against corruption. One would expect a correlation between good corruption prevention structure and sound management and fiscal results. Quite the reverse appears to be the case.
Recently 24/7 Wall St. published a study of the best-run states. Wyoming was number one, Nebraska number two and if my memory serves me correctly the Dakotas were near the top. The states at or near the top of Global Integrity’s list were typically the worst run states.
The various municipal credit rating organizations to the most part rate the bottom of the Global Integrity list higher credit than the top. In fact most of the states with severe credit risk are near the top of Global’s ranking. Why is there not a correlation?
I am not challenging your research, quite the reverse. The fact that it leaves a question proves its merit. As stated above: Why is there not a correlation? This could be the question of another study. The answers might be helpful to all states.
There are likely many things going on other than the legal structure. What are they?
Gary Childress is a retired businessman who divides his time between Wyoming and Connecticut.
You can email your state’s corruption risk report to your legislators card here.