Hi All,
trying to figure out a way of accessing how much my quality of life is affected by corruption, here is a measure I came up with.
I invite comments on this and other approaches on the same.
Index of corruption: Or how much you are affected by it in your daily life.
Lets say you buy a house for (x) 20 lakh rupees.
In the transaction, you pay a bribe (c) of Rs, 30,000 or 1.5% of the value.
Then you do the interiors of your house for (y) 3.0 lakh rupees.
Broadly speaking, your lifestyle or standard of living is determined by the value of house and the interiors you have in it.
Index of corruption: c/ y
OR change it into percent by multiplying by 100
In this case 30000/300,000 = 0.1
or 10%
The reasoning is that the money you spent as bribe could have been used to increase the interiors of your house.
Similar corruption is experienced by all the shops in your neighborhood. They pass on the cost to the consumer by increasing their charges.
This should give you a reasonable idea that how much your life can be improved by eliminating corruption and if you find the value enough, then you can do something about it.
I invite comments.
my 2 cents
Abhinav
