Publications About BERI Services Subscriptions Options News Contact Us FEI Financial Ethics Index (FEI) QLM-FE covers 115 countries and measures factors that have a direct influence on meeting international obligations but cannot be assessed through regularly published statistics. The structure of QLM-FE and the criteria are identified below: The Expert Opinion Please refer to the Explanation of the Criteria page for a more complete description of the methodology. BERI S.A.’s exclusive panels of professionals with financial responsibilities and many years of experience in a region of the world submit their assessments for QLM-FE each year. Senior staff members of the firm also enter their viewpoint. This combination of judgment and perspective by a statistically relevant number of experts greatly increases the accuracy of the average rating. (The highest and lowest ratings are automatically discarded to moderate opinion.) Considerable research has been undertaken in 2003 to support the contributing panel members and senior staff making the subjective assessments. A version of the Delphi technique is used to obtain convergence within panel and staff ratings for the 115 countries. The Original QLM-FE Study In December 2000 QLM-FE was ordered by the Research Department of the International Bank for Reconstruction and Development (World Bank). The ratings were being used for internal projects. It was agreed that this multi-client report would provide criteria ratings for each of the 115 countries for the years 1985, 1990, 1995, and 1997-2010. Country List for QLM-Fe: Algeria Estonia Latvia Singapore Angola Finland Lebanon Slovak Republic Argentina France Libya Slovenia Armenia Gabon Lithuania Spain Australia Georgia Malawi Sri Lanka Austria Germany Malaysia Sweden Azerbaijan Ghana Mauritius Switzerland Bahrain Greece Mexico Syria Bangladesh Guatemala Moldova Taiwan (R.O.C.) Belgium Honduras Morocco Tanzania Bolivia Hong Kong Mozambique Thailand Brazil Hungary Nepal Trinidad & Tobago Bulgaria Iceland Netherlands Tunisia Cambodia India New Zealand Turkey Canada Indonesia Nigeria Turkmenistan Chile Iran Norway Uganda China (P.R.C.) Iraq Oman Ukraine Colombia Ireland Pakistan United Arab Emirates Congo, Democratic Republic of Israel Panama United Kingdom Congo, Republic of Italy Papau New Guinea United States Costa Rica Jamaica Paraguay Uruguay Croatia Japan Peru Uzbekistan Cuba Jordan Philippines Venezuela Cyprus Kazakstan Poland Vietnam Czech Republic Kenya Portugal Yemen Denmark Korea (R.O.K.) Romania Zambia Dominican Republic Kuwait Russia Zimbabwe Ecuador Kyrgyz Republic Saudi Arabia Egypt Lao, People’s Democratic Republic Senegal Structure of this Report The details for each country in the primary QLM-FE file are linked to separate Excel files (Office 2000) for each of the eleven criteria. This gives divisions by alphabetical order and by ranking for any year. Almost any combination of tables and graphics can be published from these computer programs. Both the E-mail attachment and CD-ROM methods of delivering the report have a Guide to the Files. This explains what is in each file, including worksheets that have the alphabetical listings and rankings for QLM-FE and for each criterion. Weighting Level of resolve toward honoring international obligations 3.0 Foreign loan structure and terms: Range, concessionary to short term 2.0 Current market terms 1.0 Corruption in financial transactions: Direct fraud 2.0 Indirect diversion of funds 1.5 Concessionary loans and grants: Level of access 1.5 Influence of strategic importance 1.5 Net technocratic competence: Overall assessment 2.5 Political interference 1.5 Legal framework: Convertibility for principal, interest,fees 2.0 Taxation constraints 1.5 The 11 criteria listed above have a weighted total of 20. Each criterion is rated from 5 (best case) to zero (worst case). Therefore, a perfect country would receive a score of 100 (20 x 5). Click Here to order your copy of QLM-FE Publications Available via subscription Ethics Index (FEI) 2019 and Quality of Workforce Index (QWI) 2019 are now available. Business Risk Reports (BRS) 2020-II was published on August 8 2020. See what heightened geopolitical risk has done to country performance. FORELEND 2020-II is now available for purchase. MERA is back! BERI’s MVP for oil and gas companies is available for purchase now. About BERI Publications Services Subscription Options Home News Contact Us NORTH AMERICAN & OTHER BERI Marketing Team Tel: 1(703)780-8160 eMail JAPAN AND KOREA BERI Marketing Team Tel: 1(703)780-8160 eMail EUROPE Dr. Ing. Bruno Hake, S.U.P. Tel. 49(611)86979 Fax. 49(611)86926 eMail Copyright 2020 BERI S.A. All Rights Reserved.