Any body that does not set up its own ethics monitoring system will come under the secretariat's Ethics Office.

ECONOMIST: The United Nations

Following Watergate, a scandal far worse than what we have seen thus far, Congress and the president adopted a number of major government reforms that included a new campaign finance system, ethics rules, the Office of the Independent Counsel, and much more.

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Ethisphere's proprietary rating system, which it calls the Ethics Quotient, is based on a series of multiple-choice questions in a survey that is designed to capture a company's performance in an objective and standardized way.

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Maybe the time has come for the Justices of the highest court in the land to voluntarily agree to participate in the same Code of Ethics which govern the rest of the federal court system.

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Even if Germany manages to reform its much-despised tax system after this September's election, many fear that the country's corroded tax-paying ethics will take years to recover.

ECONOMIST: Tax raids