As the world's markets become more interdependent, all participants recognise how much one country can differ from another in the clarity and consistency of their approach to ordering and managing their economies.
Some national economies are relatively transparent.
Their relative lack of Corrupt business practices, their Legal system and enforcement, their Economic policies, their Accounting guidelines, and their Regulatory frameworks work together to facilitate economic progress. Other national economies are relatively opaque. In some or all of these respects, they are following a different vision or still developing maturity and efficiency. The Opacity Index represents the first quantitative approach to measuring opacity. Using the simple averages derived from aggregating the survey responses, we derive the O-Factor by adjusting the scores so that larger scores reflect more opacity, while smaller scores reflect more transparency.