2023-10-06 01:45:00
The International Property Rights Index is a comparative study regarding the importance of the protection of property rights in the economic development of countries.
Uruguay is the best-positioned Latin American country in the latest edition of the International Property Rights Index (IPRI), in which nations from around the world appear ranked. The River Plate country is on step 29 internationally. The index is a comparative study regarding the importance of the protection of property rights in the economic development of countries.
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In 2022, the first position in the regional ranking was held by Chile, but in this edition it fell to second place. Except for these two countries and Costa Rica and Panama, the rest of Latin America is in the middle of the table and below.
Meanwhile, Venezuela ranks as the worst in the world, among those countries that were considered for the study. Bolivia also appears among the lowest on the planet.
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The IPRI covers the subcategories of Legal and Political Environment (LP), Physical Property Rights (PPR) and Intellectual Property Rights (IPR) and is carried out, year following year, by the lobby group Americans for Tax Reform.
Of the Latin American countries, Uruguay heads the list while Venezuela is in last position (CampoMasCiudad)
This is the positioning that Latin American countries obtained globally in the International Property Rights Index:
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1. Uruguay: 29
2. Chile: 38
3. Costa Rica: 40
4. Panama: 60
5. Dominican Republic: 75
6. Mexico: 76
7. Colombia: 80
8. Brazil: 83
9. Paraguay: 86
10. Peru: 87
11. El Salvador: 90
12. Ecuador: 94
13. Argentina: 95
14. Honduras: 102
15. Nicaragua: 110
16. Bolivia: 116
17. Venezuela: 25
The United States is ranked 14th on the complete list of the International Property Rights Index (Getty Images)
United States: 14
Canada: 16
Jamaica: 51
Trinidad and Tobago: 64
Haiti: 123
1. Finland
2. Singapore
3. Netherlands
4. Denmark
5. Norway
6. Sweden
7. Luxembourg
8. Germany
9. Austria
10. Switzerland
On July 11, the forum “Property is a human right” was held at Florida International University (FIU), Miami. “Usurpations and threats.” At that time, several of the speakers warned regarding the risks to property rights in the region, according to Forbes magazine at that time.
It is necessary to “demystify” the discourse once morest totalitarian governments in Latin America, which make “the human right to private property look like a shame,” according to Bolivian academic Carlos Sánchez Berzaín.
Daniel Hadad warned that “private property is experiencing a threat in almost all parts of Latin America” and stressed the advance of seizures or invasions of private lands
According to Sánchez Berzaín at that time, “democracy will be increasingly solid if it becomes a system of property owners.”
The academic, also Bolivian, Eduardo Gamarra, professor at FIU and expert in international politics, highlighted that the promotion of illegal land seizure, under the false promise that it will fix poverty, generates legal insecurity and impedes development and investment.
For his part, Argentine Daniel Hadad, executive president of the media Infobae, warned that “private property is experiencing a threat almost everywhere in Latin America,” where many takeovers or invasions of private land are “armed plans that discourage The investors”.
In that forum, the Nicaraguan and exiled Félix Alejandro Madariaga recalled that in the Central American country in recent decades, a total of five confiscatory decrees were issued that are used as an excuse to “take away anyone’s property.”
Another of the most important global indices in these aspects is the Index of Economic Freedom, carried out by The Heritage Foundation. In the 2023 edition of this ranking, the best-positioned country in Latin America was Chile (22), followed by Uruguay (27). What happens to the rest of Latin Americans?
The index evaluates 184 nations from around the world in a series of categories and scores them on a scale from 0 to 100 (Marcelo Regalado)
Peru: 44
Costa Rica: 45
Panama: 55
Mexico: 61
Colombia: 62
Guatemala: 64
Dominican Republic: 65
Paraguay: 76
Honduras: 94
El Salvador: 114
Ecuador: 119
Nicaragua: 121
Brazil: 127
Argentina: 144
Bolivia: 167
Venezuela: 174
Cuba: 175
(Originally published on Bloomberg Line)
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