ESIS International - Study, Work, Travel, Settle Abroad

Corruption has a diminishing affect over a country’s economy and growth. The corruption rate of a country exhibits it’s many traits like social security, crime rates, living standards, etc. While corruption rates are high in some countries, there are others where the law has a strong grip over the lawbreakers and the money seekers. Almost everyone is familiar with the economic crisis in Greece where corruption amongst the politicians played an effective role in the country’s economic downfall. Here is a list of the top 10 countries with the least corruption rates. 10. Luxembourg Luxembourg has a unitary parliamentary system with a constitutional monarchy. The country’s  government is highly concerned about the implementation of anti-corruption laws. The administration within judiciary is also very transparent in this country. Luxembourg also has the lowest corruption rate in the European Union. Luxembourg is also known to have  the highest average salary in the world...

The OECD (Organization for Economic Co-operation and Development) carries out a comprehensive data based research on average annual wages for full-time and full-year equivalent employees in the total economy. The outcome of this research gives us a rough approximation of the average salaries of people in different countries around the world. For the past few years, it has been revealed that most of the countries with higher average salaries are in Europe. For decades, EU Countries like Switzerland, Norway, Luxembourg, Denmark, etc. have always dominated this list due to the higher pay received by the employees in these countries. 10. BELGIUM One of the smallest European countries, Belgium is referred to as one of the best countries for expats to live and work in. Due to the high average salaries, a lot of students tend to pursue Masters from the Belgian universities. Although taxes in Belgium are one of the highest in Europe, the higher salaries and the work culture makes u...

Canada is testing a basic income policy for unemployed workers to see it’s impact over the low income groups. According to this new policy, more than 4,000 citizens of the Canadian province of Ontario will receive a monthly allowance from the government and the government will monitor the affect of the allowance over the health and well being of the people. The new allowance will allow the people to be more productive and have a positive attitude towards the society. Canada is following the footsteps of a number of other countries who have started the same policy to see it’s impact over the productivity of the region. Residents of a small province are provided with a monthly allowance regardless of their state of employment to see how it affects their productivity and well being. Although it’s too early to access the results of this scheme, residents of Ontario are already very happy and believe that this allowance will make a huge difference to their lifestyle. Tim Butto...