ITR's report on study of Global Monarchy gives this years title of "Most Efficient Monarch" to Bahrain's King Hamid
International Transparency Report (ITR) based in Geneva, Switzerland has prepared a study which analysed all Monarchies around the world and has found that the Kingdom of Bahrain has the lowest cost to the state.
- (1888PressRelease) April 20, 2017 - ITR conducted a Survey based on country GDP, Cost of Living, Cost of expenses towards the monarchy and a new component, labelled, GHI or Gross Happiness Index of the country's nationals. This report slated to release on May 15, 2017 discussed each country's GPD and Monarchy policy in details and then creates a direction co-relation with the happiness of it's people.
Bahrain was followed closely by the UK and Netherland's monarch where the residents were equally happy with the monarchy but the cost of monarchy was slightly higher in terms of expenses Vs. GDP percentage.
The monarchy of Bahrain with a GPD to Expenses ratio came at 0.05% where as UK and Netherlands both landed at 0.068% and 0.071%. This calls for a close race but the outright winner was King Hamad bin Isa Al Khalifa due to his modern policy towards the welfare of it's citizens and free programs based around education, technology and healthcare.
It seems that the King Khalifa has tapped into the pulse of it's citizens by providing an atmosphere of unprecedented economic growth with moderate views that ensure sustainability, progress, growth, freedom of expression and wellness of its nationals. With Bahrain poised to complete another successful F1 race and a feeling amongst its nationals of pride for its global outreach programs, they are have trusted their king with loyalty and are happy with the monarchy.
During the past five year report, Bahrain's monarchy was far below it's counterparts in UK and Netherlands and has managed to ensure that they optimise expenses and provide an atmosphere of inclusive growth in their kingdom.
Comparing presidential and with monarchies around the world, Bahrain model is shifting towards self sustenance as compared to US and European presidencies that rake up billions in foreign travel and other expenses.
The report that available for pre-release for registered members of ITR gives a great insight into the working of monarchies and their correlation in democracies is available at a price of EUR 6,399 and offers a discount of 10% for press and other media publications.
About ITR:
From villages in rural India to the corridors of power in Brussels, Transparency International gives voice to the victims and witnesses of corruption. We work together with governments, businesses and citizens to stop the abuse of power, bribery and secret deals.
As a global movement with one vision, we want a world free of corruption. Through chapters in more than 100 countries and an international secretariat in Berlin, we are leading the fight against corruption to turn this vision into reality.
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