Venezuela ranks last in property rights

[Bacchus39]

http://www.eluniversal.com/2011/09/08/venezuela-ranks-last-in-property-rights.shtml


According to the 2011 International Property Rights Index (IPRI), Venezuela ranked 129th and although the report claimed that Venezuela improved in some aspects, the South American country was ranked at the bottom of the index.

Countries such as Zimbabwe, Angola, Bangladesh, Burundi, Cote d'Ivoire and Libya were ranked in the last positions of the ranking but better placed than Venezuela.

The ranking was headed by Sweden, Finland, Singapore, Switzerland, Norway and New Zealand. The best ranked Latin American countries were Chile (28), Puerto Rico (33), Uruguay (44), Costa Rica (50), Brazil (64) and Colombia (75).

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With regard to Venezuela, the report stressed that the deterioration of issues such as control of corruption and the urgency shown by Venezuelan court to resolve cases, including those related to crimes and violence affected Venezuela's placement in the rankings.