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Report: New Mexico Loses Business Due To Perception Of Crooked Government

New Mexico's economy is losing potential business because of a lingering perception of corruption and cronyism in its government, according to a new report.

The Santa Fe New Mexican says (http://bit.ly/1NDXnc7 ) that a report from University of New Mexico researchers released Thursday indicates that business leaders believe some companies already curry government and bureaucratic favors.

UNM political science professor Michael Rocca, who led the team of researchers and grad students, says cronyism matters as much as infrastructure and education when businesses decide where to expand or relocate.

The report suggests changes such as creating a statewide ethics commission, having greater transparency in campaign financing and closely reviewing tax breaks for businesses.

The state's top employers, including UNM and Los Alamos National Laboratory, are all government or government-supported entities.

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Information from: The Santa Fe New Mexican, http://www.sfnewmexican.com

Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.