Israel does rank very favorably on this list - I wonder why the perception of corruption, among businesses, is so much higher the measure posited by risk-indexe

Israel does rank very favorably on this list - I wonder why the perception of corruption, among businesses, is so much higher the measure posited by risk-indexes.com? Perhaps one reason is that the perceived corruption ranking that I shared is just that, while your measure dilutes "Corruption Perception," and "Corruption Experience," to just 42.5% of the measure, filling in the majority of the corruption measure with: - Ratification status of Conventions - Citizen's Voice and Transparency - Government Functioning and Effectiveness - Legal Context - Political Context - White collar Crimes Which to me, in the context of evaluating "Why have there been no new banks in Israel since 1978?" are not as useful as just the combined experiences of companies who are financially exposed to Israeli government decision making. (source: https://risk-indexes.com/wp-content/uploads/2019/10/GCI_TechnicalMethodology_2019-1.pdf https://risk-indexes.com/wp-content/uploads/2019/10/GCI_Tech...) That said, clearly closed room deal-making is not the only challenge to new banks in Israel. It is a small market. China, who does poorly on many measures of corruption, but does have a relatively robust market, has many banks to serve its massive population: https://en.wikipedia.org/wiki/List_of_banks_in_China https://en.wikipedia.org/wiki/List_of_banks_in_China One difference is that corruption in China is often local (federalized corruption?): if you can't get something done in Guangzhou maybe you move it to Changchun and you can. That option doesn't exist in Israel.