Economist Intelligence Unit

A slide in global corruption rankings is bad for ‘Brand NZ’ – what can the government do?

Retrieved on: 
Monday, February 12, 2024

But she was also talking about the country’s international reputation for being clean, green, safe and honest.

Key Points: 
  • But she was also talking about the country’s international reputation for being clean, green, safe and honest.
  • But recent rankings measuring the country’s international influence, transparency and corruption have started to tell a different story.
  • Between 2021 and 2023, New Zealand dropped ten places – from 16 to 26 – on the Global Soft Power Index.

Brand New Zealand

  • According to the 2023 Anholt-Ipsos Nation Brand Index, New Zealand is the 14th most valuable country brand in the world, valued at close to half a trillion New Zealand dollars in 2022 by brand valuation and strategy company Brand Finance.
  • Brand New Zealand is a precious commodity in its own right, which has taken many decades to build.
  • Since 2014, New Zealand has dropped six points in its CPI score, three times more than Denmark or Finland.

Perceptions matter

  • A higher CPI score implies a lower level of perceived corruption.
  • Read more:
    Return of the ‘consultocracy’ – how cutting public service jobs to save costs usually backfires

    But its two-point CPI slide from 87 to 85 is driven by perceptions among business leaders, as captured by the most recent World Economic Forum’s executive opinion survey taken in August 2023.

  • CEO of Transparency International New Zealand, Julie Haggie, attributes the 2023 drop in business leaders’ confidence to three specific factors:


several high-profile cases of COVID-19 subsidy fraud and tax evasion by businesses
the government’s insufficient response to a rise in scamming, as well as a lack of transparency around government spending on outside consultation contracts and infrastructure projects
and a heightened focus on appropriate spending of public funds during a cost-of-living crisis when most New Zealanders are doing it tough.

Trust in government

  • But it must still be mindful of the fragility of general trust in public institutions and the government.
  • Damaging that trust can have unintended consequences for our international reputation.
  • Cutting public spending by between 6.5% and 7.5%, as government agencies have been told to do, may be viewed positively by business leaders.
  • But it can also erode public trust in government.

Turning the trend around

  • While it placed 14th in the latest Transparency International ranking (with a CPI score of 75), Australia has gained two points under the Albanese Labor government.
  • State capture by vested interest groups is a form of public corruption and would likely significantly affect New Zealand’s declining CPI score.


Matevz (Matt) Raskovic does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

Trump's Iowa win is just a small part of soaring right-wing populism in 2024

Retrieved on: 
Wednesday, January 17, 2024

Democracy advocates cheered the defeat of the Law and Justice party in Poland and Luiz Inácio Lula da Silva’s breakthrough victory over his populist adversary in Brazil.

Key Points: 
  • Democracy advocates cheered the defeat of the Law and Justice party in Poland and Luiz Inácio Lula da Silva’s breakthrough victory over his populist adversary in Brazil.
  • Read more:
    Lula and the world: what to expect from the new Brazilian foreign policy

    But populists won big victories in 2023 too — and made comebacks.

  • Donald Trump, despite his numerous indictments and allegations he incited an insurrection on Jan. 6, 2021, began a second run for president.

A new age of extremism

  • Today, we have seemingly passed from the age of extremes into an age of extremism.
  • Low-trust voters feel they’ve been misled and reject the traditional policy options offered by social democratic parties.
  • With the decline in support for traditional left-wing parties in the Global North, voters are sending anti-establishment messages to the parties of the right.

Binary voting and wedge issues

  • Public opinion research from the Economist Intelligence Unit, Freedom House, the Pew Research Center and Sweden’s V-Dem Institute warn that there are fewer undecided voters than ever.
  • Modern politics is increasingly an exercise in what’s known as binary voting.
  • Amassing on land borders and crossing perilously by sea, migrants and refugees perfectly illustrate the “us versus them” mindset.

Asylum-seekers and the anxious voter

  • The answer is simple: in the skewed world view of nationalists, migrants are by definition “cheaters”.
  • Far-right populists campaign on the false belief that refugee-seekers are also corrupting the traditional way of life, taking jobs and driving up the cost of living.
  • Increasingly extreme populists have come to power promising to deal with the problem, but they’ve failed to provide any effective solutions.
  • It’s the same situation at the American southern border — in 2023, two million people illegally crossed the border.

A problem with no solution

  • Climate change, war and geopolitical rivalry drive already precarious populations to seek a place of greater safety.
  • But as the numbers rise, politicians continuously recycle bad ideas: close the border, send them back, send them elsewhere.
  • The main drivers of migration today are not just poverty and war in the Middle East and Ukraine, but also post-pandemic labour shortages.

Staring into the abyss?

  • In more than a dozen countries, populist leaders are poised to either take power or consolidate their hold on the opposition.
  • Wannabe fascists are set to play a bigger role in world affairs this year than they have at any time since the Second World War.


The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

Sovrn Hires Carla Holtze Cell for Newly-Created Role of Managing Director of Commerce

Retrieved on: 
Tuesday, November 28, 2023

BOULDER, Colo., Nov. 28, 2023 /PRNewswire/ -- Sovrn, a publisher technology platform that helps content creators earn and keep more of their revenue, today announced that it has hired Carla Holtze Cell as its first-ever Managing Director of Commerce. In this new role, Cell will be responsible for setting the strategy and executing the go-to-market plan for Sovrn's suite of commerce products. She will report directly to Chris George, President of Sovrn. 

Key Points: 
  • In this new role, Cell will be responsible for setting the strategy and executing the go-to-market plan for Sovrn's suite of commerce products.
  • "Commerce is an important growth area for publishers who are focused on diversifying their advertising businesses.
  • At Sovrn, we uniquely bring together commerce, advertising, and data solutions, creating powerful opportunities to help our customers grow," said George.
  • "Bringing Carla on board positions Sovrn to accelerate its innovation in the commerce space in ways that will benefit our partners.

Malaysia Healthcare Promotes Regular Screenings for Breast Cancer Prevention

Retrieved on: 
Tuesday, October 31, 2023

KUALA LUMPUR, Malaysia, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Malaysia Healthcare encourages global citizens to practice regular examination and screenings as a crucial step in preventing breast cancer.

Key Points: 
  • KUALA LUMPUR, Malaysia, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Malaysia Healthcare encourages global citizens to practice regular examination and screenings as a crucial step in preventing breast cancer.
  • With healthcare facilities that are equipped with innovative screening procedures, Malaysia Healthcare is committed to making breast cancer early detection accessible for global citizens.
  • In conjunction with the breast cancer awareness month, Malaysia Healthcare shed light on the significance of early diagnosis as well as the cutting-edge screening procedures provided by several of its healthcare facilities.
  • “We strongly advocate regular self-examination and frequent breast screening especially for women aged 40 and above to detect breast cancer at an early stage.

Online abuse could drive women out of political life – the time to act is now

Retrieved on: 
Tuesday, September 26, 2023

It is becoming increasingly evident that life in modern politics is presenting women with a stark choice – endure almost constant online threats and abuse or get out of public life.

Key Points: 
  • It is becoming increasingly evident that life in modern politics is presenting women with a stark choice – endure almost constant online threats and abuse or get out of public life.
  • But the social media era has normalised ever more aggressive forms of abuse.
  • The abuse against Ardern has been so intense that even in retirement she’s expected to have extra police protection.
  • The Economist Intelligence Unit has reported that more than one in three women have experienced online violence.

Driving women out

    • A global survey by Washington-based non-profit National Democratic Institute found that more than half of young women who posted political opinions online were attacked for their views.
    • This amounts to compelling evidence that the problem runs deep, illustrating that people attempting to undermine a government have recognised attacking women as a winning strategy.
    • The examples highlighted in the report don’t merely revolve around hatred towards these women.
    • After years of progress on increasing female participation in political life, democracies around the world are now in real danger of regressing if women are driven out of politics.

We know the problem, we know the solutions

    • Laws already exist that are supposed to protect women from this kind of abuse but they are not being vigorously enforced.
    • It’s also time to rein in the tech platforms and hold them legally accountable for the toxic content they host, pushed out by their algorithms.
    • And if the issue isn’t addressed, it could lead to dire consequences for democracy as women retreat from positions of power.

VCI Global Limited Partners YY Group Holding In Developing Southeast Asia’s Hospitality Industry

Retrieved on: 
Thursday, September 14, 2023

KUALA LUMPUR, Malaysia, Sept. 14, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) is pleased to announce that it is partnering YY Group Holding Limited (“YY Group”) to identify opportunities in the hospitality field within the Southeast Asia region.

Key Points: 
  • KUALA LUMPUR, Malaysia, Sept. 14, 2023 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) is pleased to announce that it is partnering YY Group Holding Limited (“YY Group”) to identify opportunities in the hospitality field within the Southeast Asia region.
  • YY Group will be able to expand into various countries by tapping on VCI Global’s vast network, while expanding VCI Global’s consulting capabilities into the hospitality industry.
  • With such bright outlook, the hospitality industry in the Southeast Asia region is poised for a massive resurgence.
  • YY Group, led by its founder, Mike Fu, is the market leader in manpower outsourcing and cleaning in the hospitality industry in both Singapore and Malaysia.

Nemaura Medical Announces SFDA Approval of sugarBEAT®

Retrieved on: 
Thursday, August 17, 2023

Loughborough, England, Aug. 17, 2023 (GLOBE NEWSWIRE) -- Nemaura Medical, Inc. (Nasdaq: NMRD) (“Nemaura” or the “Company”), a medical technology company focused on developing and commercializing a daily disposable, wearable glucose sensor and supporting personalized lifestyle coaching programs, today announced SFDA (Saudi Food and Drug Authority) approval of sugarBEAT®, its non-invasive wearable glucose sensor.

Key Points: 
  • Loughborough, England, Aug. 17, 2023 (GLOBE NEWSWIRE) -- Nemaura Medical, Inc. (Nasdaq: NMRD) (“Nemaura” or the “Company”), a medical technology company focused on developing and commercializing a daily disposable, wearable glucose sensor and supporting personalized lifestyle coaching programs, today announced SFDA (Saudi Food and Drug Authority) approval of sugarBEAT®, its non-invasive wearable glucose sensor.
  • The report states that nearly 4.5 million people, or 18.3% of the adult population in Saudi Arabia, have diabetes, compared to a global average of 9.3%.
  • Nemaura Medical is in advanced discussions to play a pivotal role in the region with its superior sensor technology, and diabetes and metabolic health management programs.
  • The Company believes that SFDA approval places Nemaura Medical in an unparalleled position to gain approval across the Gulf and other regions, and to commercialise its digital programs.

City liveability rankings tell a biased story -- our research in Dhaka explains why

Retrieved on: 
Friday, July 14, 2023

In the 2023 edition of its annual global liveability index, the Economist Intelligence Unit (the research and analysis division of the Economist Group) ranked the Bangladeshi capital 166 out of 173 cities.

Key Points: 
  • In the 2023 edition of its annual global liveability index, the Economist Intelligence Unit (the research and analysis division of the Economist Group) ranked the Bangladeshi capital 166 out of 173 cities.
  • While such lists tell a compelling story, it is an inherently biased one.
  • The Economist’s global liveability index is based on the experiences of expats rather than citizens.

Translocal lives

    • We were examining two kinds of spaces linked to seasonal and labour migration: rickshaw garages and mess dormitories.
    • These are typically located on the margins of the city in neighbourhoods such as Mirpur, Rayerbazar, Kamrangirchar, Shonir Akhra and Badda.
    • We found that both mess dormitories and rickshaw garages are brimming with movement and business.
    • Every night, Jalal slept on a bamboo platform above the garage in Dhaka along with about 25 other people.
    • He hoped to be able to move back to his home and business in the countryside after the rainy season had ended.

Multidirectional migration

    • The men, women and families housed there work across numerous industries: domestic help, construction, garment factories, rickshaw and car garages, small-scale businesses, street food stalls and local restaurants.
    • While typically made of permanent materials, these dormitories can seem unfurnished, as the most common living arrangement within them is on the floor.
    • As she explained:
      Every morning I rearrange this room with only one bed into a workshop.
    • Dormitories offer flexible rental arrangements, from one-day or weekly rentals to monthly and year-long options.

Cities as places of work

    • Cities are said to be overburdened by the pressure of migrants from rural areas, who have no other option than to settle in slums.
    • It is shaped by what the geographer Benjamin Etzold terms “translocality”: people organising their lives and their livelihoods across different places.
    • Cities need to be discussed not only in terms of their liveability but also in terms of their workability.
    • It is also the possibility of maintaining translocal networks and livelihoods – of continuing to live between places.

IBS Intelligence recognizes Temenos as the #1 best-selling banking software across eight categories; the highest awarded to any technology provider

Retrieved on: 
Wednesday, July 12, 2023

Temenos also ranked #1 in each of the following markets: Europe, Middle East and Africa in the Regional Sales Awards.

Key Points: 
  • Temenos also ranked #1 in each of the following markets: Europe, Middle East and Africa in the Regional Sales Awards.
  • The results highlight the breadth of Temenos’ leadership as the banking platform of choice across regions and product segments.
  • Temenos is the only vendor that has been ranked #1 in the core banking category for the last 18 consecutive years.
  • Banks running on Temenos Banking Cloud benefit from more than 95% lower carbon emissions over traditional on-premise applications.

Subtle Medical Named to the 2023 CB Insights AI 100 List of Most Innovative Artificial Intelligence Startups

Retrieved on: 
Thursday, June 22, 2023

MENLO PARK, Calif.  , June 22, 2023 /PRNewswire/ -- CB Insights named Subtle Medical to its seventh annual AI 100 ranking, showcasing the 100 most promising private artificial intelligence companies in the world.  This is the second time Subtle has been named among this prestigious list.

Key Points: 
  • The company is recognized for their software solutions using AI for faster, safer, and smarter medical imaging
    MENLO PARK, Calif. , June 22, 2023 /PRNewswire/ -- CB Insights named Subtle Medical to its seventh annual AI 100 ranking, showcasing the 100 most promising private artificial intelligence companies in the world.
  • This is the second time Subtle Medical is named among this prestigious list of AI companies transforming healthcare.
  • "This year's AI 100 cohort are developing game-changing innovations that meaningfully impact the world around them," said Brian Lee, SVP of CB Insights' Intelligence Unit.
  • "Subtle Medical is honored to be recognized as a leader in the Generative AI space," says Enhao Gong, co-founder and CEO.