Business Corruption in Estonia
The Estonia country profile provides a detailed analysis of the country’s current corruption situation, but does also dig into Estonia’s challenges and the effects of these on its business climate throughout its chapters devoted to Business and Corruption and the country’s Regulatory Environment in the General Information section.
Estonia has demonstrated some strengths regarding the fight against corruption. These include:
- Corruption is infrequent and not a serious problem for foreign investors in Estonia.
- Estonia passed an anti-corruption act aimed at improving the transparency in the public sector and increasing the asset disclosure requirements of public officials in February 2012.
- Most of the public institutions are functioning in compliance with good anti-corruption and transparency practices and have strong ethical organisational culture.
- The electoral system in Estonia is considered to be free and fair. Public trust in the National Electoral Committee and the electoral system is high.
However, there are still some challenges with regards to more efficient counteraction to corruption in Estonia. These include:
- Corruption in local government is still a problem and public awareness of the role of corruption prevention needs to be raised.
- Some weaknesses remain in implementation of the legislation and the legislative branch is not sufficiently interested in preventing corruption risks related to the Parliament.
- Transparency and accountability in political parties’ and electoral campaigns funding could be improved.
An extensive description of the levels of corruption within Estonia’s institutions and sectors are outlined in the profile’s Corruption Levels. For a more detailed analysis of the Estonian government and civil society achievements in the fight against corruption, visit Public Anti-corruption Initiatives and Private Anti-corruption Initiatives andhapters.
Publication date: November 2013
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