Professional Documents
Culture Documents
INTERNATIONAL
PROPERTY RIGHTS
INDEX 2022
FULL REPORT
Contributions by:
ROBERT TYLER • PROF. SITARA KARIM AND DR. CARMELO FERLITO • PIETER CLEPPE • NATALIA GONZALEZ • DR.
ROBERTO SALINAS LEÓN • MARTÍN RODRÍGUEZ RODRÍGUEZ AND CARLOS NAVARRO • MARIA ANDREA CACERES
AND JOSÉ FERNANDO ORELLANA
INTERNATIONALPROPERTYRIGHTSINDEX.ORG 1
2 0 2 2 I P R I PA R T N E R O R G A N I Z AT I O N S
INTRODUCTION
We are arising from two complex and tense years, 2020 and 2021, which will be
known as the years of the COVID-19 pandemic, with its quarantines, isolations,
interpersonal distancing, masks and disinfectants. There will be no shortage of
future texts and documentaries gathering the stress for finding treatments, the
uneasiness about the disruption of global production chains, or the urgency
in the face of political dilemmas and economic difficulties. Also notorious will
be the records of the bulky compensatory programs or of the fast adaptation
to the ‘new normality’ through virtual activities. And finally, we will remember
the emergence of a group of vaccines, production reopening, and the re-so-
cialization process in work and in daily life.
We took it for granted that advances in science and technology had left behind
Afghanistan Economic and Legal Studies Organization, Afghanistan • Foundation for Economic Freedom, Albania • Fundación Atlas 1853, Argentina • Fundación biological plagues for humanity. But it has become clear that this is not the
Bases, Argentina • Fundación Liberdad y Progreso, Argentina • Fundación Libertad, Argentina • Institute for Public Affairs, Australia • Mannkall Economic Education
Foundation, Australia • My Choice, Australia • Austrian Economics Center, Austria • F.A. v. Hayek Institute, Austria • The Nassau Institute, Bahamas • The European case. Moreover, there are voices that warn us that many more will continue to
Centre for International Political Economy (ECIPE), Belgium • For Free Choice Institute, Belgium • New Direction, Belgium • CPA, Bosnia and Herzegovina • Multi, Bosnia appear. Interconnectivity and high human mobility between all corners of the
and Herzegovia • Universidad Privada de Santa Cruz de la Sierra, Bolivia • Instituto Livre Mercado, Brazil • Instituto Liberdade, Brazil • Centro Mackenzie de Liberdade
Econômica, Brazil • Institute for Market Economics, Bulgaria • Centre Des Affaires Humaines (CEDAH), Burkina Faso • The Canada Strong and Free Network, Canada globe have shown their most negative side, as they have become the highway
• Frontier Centre for Public Policy, Canada • Macdonald-Laurier Institute for Public Policy, Canada • Ciudadano Austral, Chile • Fundación para el Progreso, Chile •
Libertad y Desarrollo, Chile • Ideas Republicanas, Chile • Instituto Res Publica, Chile • Cathay Institute of Public Affairs, China • Instituto de Ciencia Politica, Colombia
that accelerated transmission and contagion.
• Libertank, Colombia • Asociación de Consumidores Libres, Costa Rica • IDEAS, Costa Rica • Centre de Analisis para Políticas Públicas (CAPP), Dominican Republic
• Instituto Especializado de Investigación y Formación en Ciencias Jurídicas (OMG), Dominican Republic • Instituto Ecuatoriano de Economía Politica, Ecuador •
The Egyptian Center for Public Policy Studies, Egypt • Institute for Economic Studies Europe (IES), France • Institut de Recherches Economiques et Fiscales (IREF),
It has definitely not been easy The number of deaths caused by COVID-19 has
France • New Economic School, Georgia • Friedrich Naumann Foundation, Germany • Institute for Free Enterprise, Germany • Prometheus - Das Freiheitsinstitut, been enormous, and the medical consequences on those who suffered from
Germany • IMANI Center for Policy and Education, Ghana • Greek Liberties Monitor (GLM), Greece • Thought 4 Action, Greece • KEFiM - Center for Liberal Studies
“Markos Dragoumis, Greece • CIEN, Guatemala • Observatorio de Derechos de Propiedad, Guatemala • Fundación Eléutera, Honduras • The Lion Rock Institute, Hong it are still being registered. Economic reactivation has not been automatic nor
Kong • Centre for Civil Society, India • Centre for Policy Research, India • Institute for Competitiveness, India • India Institute, India • India Property Rights Alliance, homogeneous, and the negative effects of created policies have just begun
India • Liberty Institute, India • Center for Indonesian Policy Studies, Indonesia • Iraq Institute for Economic Reform, Iraq • The Edmund Burke Institute, Ireland •
Jerusalem Institute for Market Studies, Israel • Competere, Italy • Istituto Bruno Leoni, Italy • Istituto Mercatus, Italy • Think-in, Italy • Pacific Alliance Institute, Japan to show their impact. Medium and long-term effects and intergenerational
• Institute for Development and Economic Affairs (IDEA), Kazakhstan • Bishkek Business Club, Kyrgyz Republic • Central Asian Free Market Institute, Kyrgyz Republic
• Center for Free Enterprise, Republic of South Korea • Lebanese Institute for Market Studies, Lebanon • OHRID Institute for Economic Strategies and International
externalities will be aspects that the world’s societies need to address now
Affairs, Macedonia • Institute for Democracy and Economic Affairs (IDEAS), Malaysia • ASEAN Prosperity Initiative (API), Malaysia/ASEAN • Caminos de la Libertad, that the emergency has receded.
Mexico • Instituto Mexicano para la Competitividad, Mexico • Instituto de Pensamiento Estratégico Ágora A.C. (IPEA), Mexico • Fundación Idea, Mexico • Silk Road
Foundation, Mongolia • Global Communication Network, Montenegro • The Arab Center for Scientific Research and Humane Studies, Morocco • Ludwig von Mises
Instituut Nederland, The Netherlands • Samriddhi Foundation, Nepal • New Zealand Taxpayers’ Union, New Zealand • Initiative for Public Policy Analysis, Nigeria • However, while the health and economic dimensions are widely highlighted,
Civita, Norway • International Research Foundation (IRF), Oman • Alternate Solutions Institute, Pakistan • Policy Research Institute of Market Economy (PRIME),
Pakistan • Pal-Think for Strategic Studies, Palestinian Territories • Fundación Libertad, Panama • Asociación de Contribuyentes del Peru, Peru • Contribuyentes the political and institutional dimension, which was seriously affected by the
por Respeto, Peru • Institute for Liberty and Democracy, Peru • Instituto de Libre Empresa, Peru • Foundation for Economic Freedom, The Philippines • Minimal
onslaught of this pandemic, is less newsworthy. Uncertainty laid the foundations
Government Thinkers, Inc., The Philippines • Forum Obywatelskiego Rozwoju, (FOR) Poland • Warsaw Enterprise Institute, Poland • Stowarzyszenie KoLiber, Poland
•Center for Institutional Analysis and Development (CADI), Romania • Libek, Serbia • Adam Smith Center, Singapore • F. A. Hayek Foundation, Slovakia • Free Market for fear, and thus for control, over the population — in many cases dispropor-
Foundation, South Africa • Civismo, Spain • Foro Regulación Inteligente, Spain • Advocata Institute, Sri Lanka • Timbro, Sweden • World Taxpayers Associations (WTA),
Sweden • Liberales Institute, Switzerland • Institute of Future Studies for Development (IFD), Thailand • Association for Liberal Thinking, Turkey • Freedom Research
tionate, arbitrary and unjust — breaking into citizens’ rights and individual free-
Association, Turkey • Centro de Estudios para el Desarrollo, Uruguay • Fundación Rioplatense de Estudios, Uruguay • The Bow Group, UK • Geneva Network, UK • dom, which must be now regained. Authoritarian governments strengthened
Institute for Economic Affairs, UK • Adam Smith Institute, UK • Ukrainian Economic Freedoms Foundation, Ukraine • Property Rights Alliance, USA • Acton Institute,
USA • The Information Technology and Innovation Foundation, USA • Center for the Dissemination of Economic Knowledge (CEDICE), Venezuela the imposition of their power, but even those societies with more liberties and
For more information, or to become a partner organization, please contact Lorenzo Montanari,
2 INTERNATIONAL PROPERTY
Executive Director RIGHTS
of The Property INDEX
Rights 2022
Alliance | FULL REPORT
at lmontanari@propertyrightsalliance.org INTERNATIONALPROPERTYRIGHTSINDEX.ORG 3
democratic governments were victims of states Whether it is physical or intellectual property 2
of emergency and exception, and of the viola- rights, both are essential for development.
tion of rights and infringements on freedoms Perhaps in the 21st century, there is a greater
of choice. It is clear that emergency situations challenge in terms of the latter, given their IPRI STRUCTURE & METHODOLOGY
require extraordinary decisions, but their over- relevance in the so-called knowledge soci-
reach and temporary extension beyond what is ety, promoting social and economic incentives
required, results in an encroachment of citizens’ to stimulate creation and innovation, and its The International Property Rights Index, IPRI, This component has a significant influence on
liberties. Thus, in general terms, measurements dissemination. was created to present a comprehensive insight the development and protection of physical and
of democracy, economic freedom, freedom of into the status of property rights in the world’s intellectual property rights.
expression, governance, strength of the rule of Just as we have highlighted worrying elements nations. The Property Rights Alliance (PRA)
law and institutions have weakened on average of global trends concerning institutions, it is instituted the Hernando de Soto Fellowship to The other two components of the Index, Physical
around the world; and this has short, medium also worth mentioning that after overcoming produce, since 2007, its yearly edition. Property Rights (PPR) and Intellectual Property
and long-term costs. the turmoil of the COVID pandemic, the level of Rights (IPR), reflect the two kinds of property
patents applied for in 2021 was the highest in The Index follows an institutional approach, as rights unequivocal for countries’ socio-eco-
It is therefore no coincidence that also the Inter- history, highlighting the growing consciousness property rights are a linchpin institution for a nomic development. Items included in these
national Property Rights Index, IPRI, shows the of the relevance of intellectual property in our free society based on the creation of a citizen- two categories speak to de jure rights and de
same trend: we found a set back of the average days (WIPO Pressroom Feb.10 2022). ship that controls its own life and builds its own facto opportunities in each country, as quanti-
score of the IPRI, something we foresaw since destiny. There is an extensive and rich literature tative and qualitative information.
2018, when global institutions began to show The accelerated path of change of Industry 4.0 on property rights, considered into the concep-
clear signs of weakening. This is a regrettable (Fourth Industrial Revolution) means that today’s tualization and operationalization of the Index, As a result, the IPRI encompasses 11 items, gath-
result that should alert us of the dangerous road creations and innovations have an ephemeral setting its core categories (here-to referred ered under these three components: LP, PPR
we may be heading in our world. life, regardless of the dedicated and laborious as components or sub-indices) and the items and IPR.
effort required to bring them to life. Hence the included in each of them.
It is imperative to focus on the global economic relevance of collective awareness of the impor- While there are numerous items associated
recovery and in particular of those societies tance of a full recognition and valuing of intel- The following are the three core components with property rights, the final IPRI is specific to
most weakened in productive terms. Even more lectual creations in favor of humanity. of the IPRI: the core factors that are directly related to the
relevant, we must insist on the development of strength and the defense of physical and intel-
a virtuous institutional environment that favors a Last but not least, we should insist that property » Legal and Political Environment (LP) lectual property rights. Furthermore, items for
harmonious and comprehensive development, rights are human rights, and that is the funda- which data were available more regularly and
where incentives are promoted favoring invest- mental reason for the preference of a robust » Physical Property Rights (PPR) for a larger amount of countries were given pref-
ments, job creation, productivity and innovation, property rights system. erence, guaranteeing that scores were compa-
with justice and liberty. » Intellectual Property Rights (IPR) rable across countries and years. The 2022-IPRI
keeps previous years’ basic methodology allow-
Embedded within a free society it is a robust The Legal and Political Environment (LP) compo- ing for a full comparison of its results with previ-
1
property rights system, which in itself is a condi- Sary Levy-Carciente nent provides information about the strength ous editions.
tion for exercising other rights, creating a posi- May, 2022 of a country’s institutions: the respect for the
tive feedback loop for freedom. Academic ‘rules of the game’ among citizens. Therefore,
literature reporting positive and strong relation- the items included in the LP are wide-ranging.
ships between property rights and a better qual-
ity of life is prolific, and this had been shown by
our IPRI reports in its editions.
1. The author thanks Karen Tizado (Statistician) for her valuable support with data manipulation for the Index calculation.
Figure 1. International Property Rights Index Structure. groups. As with the other items in the LP compo-
The chosen data source is the Worldwide Gover- nent, corruption influences people’s confidence
nance Indicators 2020-2021 update (http://info. in the existence of sound implementation and
I. LEGAL AND POLITICAL ENVIRONMENT (LP) worldbank.org/governance/wgi/index.aspx- enforcement of property rights. Corruption also
#home). The original data scale is [-2.5 to 2.5], influences the degree of informality in the econ-
The Legal and Political Environment component JUDICIAL INDEPENDENCE where 2.5 is the best score. omy, which is a deterrent to the expansion of
focuses on the ability of a nation to enforce a This item examines the judiciary’s freedom from respect for legal private property.
de jure system of property rights. The approach political, individual or business groups’ influ- POLITICAL STABILITY
of this component is wide and open grasping ence. The independence of the judiciary is a Political stability endorses incentives to obtain The data source chosen for this item is from
the general ambiance of the country limiting central foundation for the sound protection and or to extend ownership and/or management of World Bank, The Worldwide Governance Indi-
the arbitrary exercise of power and the stabil- sovereign support of the law court system with properties. The higher the likelihood of govern- cators 2020-2021 update (http://info.worldbank.
ity provided to the citizens. It comprises four respect to individuals’ property. ment instability, the less likely people will be org/governance/wgi/index.aspx#home). The
(4) elements: the independence of its judi- to obtain property and to develop trust in the original data scale is [-2.5 to 2.5], where 2.5 is the
cial system, the strength of the rule of law, the For this item, the chosen source was The soundness of the rights attached. best score.
stability of its political system, and the control Global Competitiveness Index 4.0 2019 Dataset
of corruption. | Version 20191004, from the World Economic
A strong property rights regime promotes answers of the Executive Opinion Survey for The data source chosen for this item is World ACCESS TO FINANCING
people’s confidence in its effectiveness to this indicator was: Justice Project, Rule of Law Index (https://www. Financial institutions play a crucial complemen-
protect private property rights. It also offers an worldjusticeproject.org/rule-of-law-index/). tary role – along with a strong property rights
integrated, effective and efficient system for In your country, to what extent are property rights, The original data scale is [0-1], where 1 is the best system – to bring economic assets into the
registering the property, and it allows access including financial assets, protected? [1 = not at score. Specifically we use the simple average of formal economy to allow the path from ideas
to the required credit to become an owner or all; 7 = to a great extent]. two items included in its Regulatory Enforce- and projects to real investments. Credit facili-
to convert that property into capital. For these ment factor: ties are also demonstrated to be an important
reasons, the following items are used to measure REGISTERING PROCESS channel for policies to alleviate poverty.
private physical property rights protection (PPR). This item measures the extent to which regu- » Administrative proceedings are conducted
lations are fairly and effectively implemented without unreasonable delay; that measures The data source chosen for this item is Financ-
PROTECTION OF PHYSICAL PROPERTY and enforced, being a proxy of the fairness and whether administrative proceedings at the ing of SMEs (EOSQ425) of the World Economic
RIGHTS efficiency of the registering process of a prop- national and local levels are conducted with- Forum; The Global Competitiveness Index 4.0
The Protection of Physical Property Rights erty. The relevance of this information derives out unreasonable delay; and 2019 Dataset | Version 20191004 (https://www.
relates directly to the strength of a country’s from the fact that the more difficult the property weforum.org/reports/global-competitive-
property rights system based on experts’ views registration is, the more likely it is that assets will » Due process is respected in administrative ness-report-2019). The original data scale is [1
of the quality of the judicial protection of private stay in the informal sector, discouraging assets’ proceedings; that measures whether the to 7], where 7 is the best score. The full question
property, including financial assets. Additionally, movement from lower to higher prized uses. due process of law is respected in adminis- and associated for this indicator is:
it incorporates experts’ opinions on the precision trative proceedings conducted by national
of the legal definition of property rights. The Registering Process indicator reflects one and local authorities in issue areas such as “In your country, to what extent can small- and
of the main economic arguments set forth by the environment, taxes, and labor. medium-sized enterprises (SMEs) access finance
The data source chosen for this item is The Hernando de Soto: “what the poor lack is easy they need for their business operations through
Global Competitiveness Index 4.0 2019 Dataset access to the property mechanisms that could NOTE: In previous editions we used the World the financial sector?”
| Version 20191004, from the World Economic legally fix the economic potential of their assets Bank Group, Doing Business data, however, this
Forum’s 2019 (https://www.weforum.org/ so they could be used to produce, secure or information is said not to be available anymore,
reports/global-competitiveness-report-2019). guarantee greater value in the extended market” so it was substituted.
The original data scale is [1 - 7], where 7 is the (2000:48).
best score. The full question and associated
The Intellectual Property Rights component In your country, to what extent is intellectual prop- TRADEMARK PROTECTION The data source chosen for this item is the BSA
evaluates the protection of this kind of prop- erty protected? [1 = not at all; 7 = to a great extent] This item reflects the strength of a country’s Global Software Survey; The Compliance Gap
erty. In addition to an opinion-based measure, it trademark laws based on four extensive criteria: (2018 edition, downloaded on March 29, 2022
assesses protection of three major forms of intel- PATENT PROTECTION coverage, membership in treaties, restrictions at https://www.bsa.org/~/media/Files/Stud-
lectual property rights (patents, trademarks and This item reflects the strength of a country’s and trademark applications. iesDownload/2018_BSA_GSS_Report_en.pdf)
copyrights) combining a de jure and a de facto patent laws based on six extensive criteria: dura- which estimates the volume and value of unli-
perspective. tion, coverage, restrictions, membership in inter- The data used for this item is the International censed software installed on personal comput-
national treaties, enforcement mechanisms, and Trademark Index, ITI, (https://www.proper- ers, and also reveals attitudes and behaviors
PROTECTION OF INTELLECTUAL PROPERTY applications. tyrightsalliance.org/wp-content/uploads/ related to software licensing, intellectual prop-
RIGHTS Trademarks-and-Patent-Index.pdf) created by erty and emerging technologies. The original
Capturing citizens’ perspective on protection of The data used for this item is the International Dr. Walter Park and updated in its more recent data scale is [0 – 100%], where 0 is the best score.
intellectual property is a crucial element of the Patent Index created by Dr. Walter Park in its last edition, 2021, with PRA.3 The overall grading
IPR component. edition for 20212 advanced with PRA. This source scale of the ITI is [0-1], where 1 is the highest
is updated five-yearly and the original data scale
3. The updating of the International Trademark Index for 2021 was a joint effort of PRA, in the persons of Chrysa K. Kazakou and Dr. Walter
2. The updating of the International Patent Index for 2021 was a joint effort of PRA, in the persons of Chrysa K. Kazakou and Dr. Walter Park. Park.
i.e., Country A could be ranked #1, while Coun- In order to keep the meaningfulness of the data » The regional group Commonwealth of Inde-
try B and Country C #2, and Country X, Country and analysis, only country-year combinations pendent States (CIS) is discontinued.
Y and Country Z are #3. respecting specific rules have been consid-
ered. Since 2013, such rule is to have at least » Armenia, Azerbaijan and Kazakhstan go from
To minimize this situation and a diffusion bias, 2/3 of the data required for each component, Commonwealth of Independent States (CIS)
ranking calculations were made using IPRI or more specifically, if a country does not have to Middle East and Central Asia.
scores with all their decimals, this way the final data available for at least 3 items for LP, 2 items
scores were differentiated, and such were the for PPR and 3 items for IPR, it will not be included » Moldova and Russia go from Common-
ranking positions. in the analysis. wealth of Independent States (CIS) to
Emerging and Developing Europe.
MISSING 0 0 0 0
This section presents the results of the 2022 Physical Property Rights (PPR) was the stron-
MEAN 5.1914 5.0644 5.2656 5.2443
IPRI. Starting with the scores of the overall IPRI gest component with a score of 5.27.
STD. ERROR OF MEAN .12671 .15828 .12443 .11358
and its three (3) components, we follow show-
MEDIAN 4.9164 4.7239 4.9523 5.0403
ing countries’ score and rankings. Variations For a fourth consecutive year we found a set
between 2021 and 2022 of both individual IPRI back of the average score of the IPRI, and the STD. DEVIATION 1.43914 1.79772 1.41320 1.29001
components and of the overall IPRI score were LP component. We have also found a setback VARIANCE 2.071 3.232 1.997 1.664
considered. This chapter also includes an anal- of the other two components of the Index (PPR RANGE 6.40 7.60 7.07 6.17
ysis of the IPRI for different groups of countries. and IPR) since 2020 (see Table 1). Particularly MINIMUM 1.77 1.15 1.46 2.56
these last two years have been of continuing MAXIMUM 8.17 8.76 8.53 8.73
As an average, the sample of the 129 coun- deterioration into levels highly upsetting. This PERCENTILES 25 4.1596 3.6674 4.2699 4.2752
tries showed a score of 5.19, where the Legal is a regrettable result that we have also seen in
50 4.9164 4.7239 4.9523 5.0403
and Political Environment (LP) was the weakest other measurements of liberty, democracy and
75 6.1708 6.3838 6.2900 6.1250
component with a score of 5.06, followed by world governance that should alert us of the
the Intellectual Property Rights (IPR) compo- dangerous road we may be heading in our world. Table 2. Statistics. 2022 IPRI and Components.
nent with a score of 5.24; and quite close, the
AVERAGE 2016 5.446 5.130 5.875 5.333 N 129 129 129 129
AVERAGE 2017 5.634 5.172 6.227 5.503 NORMAL MEAN 5.191415667 5.064370372 5.26561386 5.244262783
AVERAGE 2018 5.741 5.216 6.464 5.542 PARAMETERS A,B STD. DEVIATION 1.439144619 1.79771691 1.41319703 1.290014842
AVERAGE 2019 5.729 5.160 6.474 5.553 MOST EXTREME ABSOLUTE 0.099510124 0.084551307 0.117025307 0.111016764
AVERAGE 2020 5.728 5.140 6.500 5.545 DIFFERENCES POSITIVE 0.099510124 0.084551307 0.117025307 0.111016764
AVERAGE 2021 5.603 5.085 6.480 5.244 NEGATIVE -0.066129056 -0.05693824 -0.068698565 -0.069352754
AVERAGE 2020 5.191 5.064 5.266 5.244 KOLMOGOROV-SMIRNOV Z 1.130217747 0.960318243 1.329151986 1.260908054
Table 1. Average Score: IPRI and Components. 2016 - 2022. ASYMP. SIG. (2-TAILED) 0.155345051 0.314983327 0.058415866 0.083183769
25 30
ALBANIA 4.12 3.84 4.28 4.23 EL SALVADOR 4.17 3.99 4.46 4.05
ALGERIA 4.21 3.8 4.75 4.07 ESTONIA 6.73 7.47 6.68 6.04
20 ANGOLA 3.14 3.13 3.31 2.96 ETHIOPIA 3.47 3.5 3.59 3.31
ARGENTINA 4.3 4.29 3.99 4.62 FINLAND 8.17 8.74 8.53 7.25
20
ARMENIA 4.98 4.72 5.77 4.45 FRANCE 6.78 6.8 6.6 6.95
Frequency
Frequency
15
AUSTRALIA 7.62 7.93 7.41 7.5 GABON 3.74 3.69 3.4 4.15
AUSTRIA 7.67 7.8 7.42 7.77 GEORGIA 4.67 5.09 5.05 3.88
10
AZERBAIJAN 5.04 4.09 6.45 4.59 GERMANY 7.47 7.5 7.54 7.37
10
BAHRAIN 5.96 5.4 6.8 5.68 GHANA 5 5.06 5.01 4.94
5
BANGLADESH 3.58 3.45 4.15 3.13 GREECE 4.81 5.08 4.07 5.3
0 0 BENIN 4.33 4.17 4.16 4.65 HAITI 2.83 2.43 2.22 3.85
.000 2,000 4,000 6,000 8,000 10,000 .000 2,000 4,000 6,000 8,000 10,000
IPRI PPR BOLIVIA 3.29 2.73 3.73 3.41 HONDURAS 3.99 3.43 4.2 4.34
20 25 BOSNIA & HONG KONG 7.45 7.56 7.98 6.82
4.03 3.6 4.01 4.47
HERZEGOVINA
HUNGARY 5.42 5.35 4.53 6.37
BOTSWANA 5.29 6.32 5.34 4.2
20 ICELAND 7.08 8.1 7.05 6.08
15 BRAZIL 4.62 4.22 4.18 5.47
INDIA 5.14 4.61 5.53 5.29
BRUNEI
5.51 6.66 5.27 4.59 INDONESIA 4.8 4.49 5.59 4.32
Frequency
Frequency
15 DARUSSALAM
BULGARIA 4.97 4.79 4.79 5.34 IRAN 3.64 2.88 4.03 4.02
10
BURKINA FASO 4.15 3.77 4.05 4.65 IRELAND 7.2 7.73 6.73 7.15
10
BURUNDI 3.86 2.71 4.8 4.06 ISRAEL 6.63 6.09 6.78 7.03
CAMEROON 3.52 2.73 3.91 3.91 ITALY 5.66 5.65 4.89 6.43
5
5 JAMAICA 5.18 5.24 4.87 5.42
CANADA 7.47 7.89 7.15 7.38
CHAD 3.07 2.43 3.05 3.74 JAPAN 7.68 7.97 7.61 7.46
0 0 CHILE 6.14 6.6 5.86 5.95 JORDAN 5.72 5.5 6.05 5.6
.000 2,000 4,000 6,000 8,000 10,000 2,000 4,000 6,000 8,000
LP IPR CHINA 5.59 5.04 5.46 6.28 KAZAKHSTAN 4.63 4.49 4.86 4.54
Figure 2. Histogram: 2022 IPRI and its Components. COLOMBIA 4.64 3.92 4.72 5.29 KENYA 4.41 3.77 4.68 4.77
Figure 3b. LP 2022: Scores and Rankings. Figure 3c. PPR 2022: Scores and Rankings.
0 2 4 6 8 10 0 2 4 6 8 10
UNITED STATES - 1 MAURITIUS - 66 STRONGEST FINLAND BELGIUM LATVIA ARMENIA PERU
AUSTRIA - 2 PANAMA - 67
SINGAPORE IRELAND CYPRUS BULGARIA NEPAL
AUSTRALIA - 3 GHANA - 68
SWITZERLAND - 4 PHILIPPINES - 69 SWITZERLAND ICELAND MAURITIUS CROATIA ALGERIA
LUXEMBOURG - 5 SERBIA - 70
JAPAN - 6 RWANDA - 71 NEW ZEALAND TAIWAN MALTA GREECE MOLDOVA
UNITED KINGDOM - 7 PERU - 72 UNITED ARAB
CANADA - 8 KENYA - 73 LUXEMBOURG JORDAN INDONESIA UGANDA
EMIRATES
GERMANY - 9 BENIN - 74
DENMARK FRANCE COSTA RICA PANAMA EL SALVADOR
BELGIUM - 10 BURKINA FASO - 75
SWEDEN - 11 THAILAND - 76 NORWAY ESTONIA SLOVAKIA THAILAND BURKINA FASO
NETHERLANDS - 12 DOMINICAN REPUBLIC - 77
NEW ZEALAND - 13 ARGENTINA - 78 NETHERLANDS ISRAEL ITALY EGYPT ALBANIA
NORWAY - 14 BRUNEI DARUSSALAM - 79
JAPAN QATAR CHINA SRI LANKA ECUADOR
FINLAND - 15 AZERBAIJAN - 80
DENMARK - 16 TUNISIA - 81 AUSTRIA CZECH REPUBLIC SOUTH AFRICA GEORGIA PARAGUAY
SINGAPORE - 17 MONTENEGRO - 82
KINGDOM OF BOSNIA &
IRELAND - 18 MOZAMBIQUE - 83 AUSTRALIA KOREA, REP. BRUNEI DARUSSALAM
ESWATINI HERZEGOVINA
ISRAEL - 19 SRI LANKA- 84
FRANCE - 20 NORTH MACEDONIA - 85 SWEDEN MALAYSIA ROMANIA COLOMBIA GUATEMALA
HONG KONG - 21 KAZAKHSTAN - 86
UNITED STATES SPAIN KUWAIT KAZAKHSTAN HONDURAS
CZECH REPUBLIC - 22 KINGDOM OF ESWATINI - 87
TAIWAN - 23 BOSNIA & HERZEGOVINA - 88 CANADA PORTUGAL HUNGARY TUNISIA UKRAINE
PORTUGAL - 24 VIETNAM - 89
SPAIN - 25 MOLDOVA - 90 GERMANY OMAN POLAND MEXICO ZAMBIA
KOREA, REP. - 26 ARMENIA - 91
ECUADOR - 92
HONG KONG CHILE RWANDA BRAZIL BURUNDI
ITALY - 27
HUNGARY - 28 UKRAINE - 93 UNITED KINGDOM URUGUAY MOROCCO TANZANIA PAKISTAN
UNITED ARAB EMIRATES - 29 HONDURAS - 94
SOUTH AFRICA - 30 MALAWI - 95 SAUDI ARABIA BOTSWANA SERBIA CÔTE D’IVOIRE
CHINA - 31 UGANDA - 96
MALAYSIA - 32 INDONESIA - 97 LITHUANIA JAMAICA TURKEY GABON
SLOVENIA - 33 ALBANIA - 98 SLOVENIA INDIA VIETNAM LEBANON
ICELAND - 34 BOTSWANA - 99
MEXICO - 35 NICARAGUA - 100 BAHRAIN MONTENEGRO PHILIPPINES MOZAMBIQUE
ESTONIA - 36 GABON - 101
LATVIA - 37 GUATEMALA - 102 AZERBAIJAN SENEGAL IRAN
SLOVAKIA - 38 MAURITANIA - 103
GHANA RUSSIA MALI
CHILE - 39 SENEGAL - 104
POLAND - 40 ALGERIA - 105 TRINIDAD & TOBAGO KENYA MADAGASCAR
ROMANIA - 41 BURUNDI - 106
DOMINICAN
CYPRUS - 42 EL SALVADOR - 107 BANGLADESH
REPUBLIC
LITHUANIA - 43 IRAN - 108
BAHRAIN - 44 CÔTE D’IVOIRE - 109 MALAWI CAMEROON
MALTA - 45 CAMEROON - 110
BENIN ETHIOPIA
MOROCCO - 46 MALI - 111
TURKEY - 47 GEORGIA - 112 NORTH MACEDONIA NICARAGUA
JORDAN - 48 HAITI - 113
RUSSIA - 49 PAKISTAN - 114 ARGENTINA NIGERIA
SAUDI ARABIA - 50 PARAGUAY - 115
QATAR - 51 MADAGASCAR - 116 BOLIVIA
BRAZIL - 52 CHAD - 117
OMAN - 53 ZAMBIA - 118 MAURITANIA
TRINIDAD & TOBAGO - 54 CONGO, DEM. REP. - 119
JAMAICA - 55 NEPAL - 120 ANGOLA
CROATIA - 56 LEBANON - 121
ZIMBABWE
BULGARIA - 57 ZIMBABWE - 122
GREECE - 58 BOLIVIA - 123 CHAD
COSTA RICA - 59 NIGERIA - 124
COLOMBIA - 60 ETHIOPIA - 125 CONGO, DEM. REP.
INDIA - 61 BANGLADESH - 126
HAITI
EGYPT - 62 ANGOLA - 127
KUWAIT - 63 VENEZUELA, BOL. REP. - 128 YEMEN, REP.
URUGUAY - 64 YEMEN, REP. - 129
TANZANIA - 65 WEAKEST VENEZUELA, BOL. REP.
Figure 3d. IPR 2022: Scores and Rankings. Table 5. 2022 IPRI: Rankings by Quintiles.
Germany
Finland
Singapore
Switzerland
New Zealand
Luxembourg
Denmark
Netherlands
Japan
Austria
Australia
Sweden
United States
Canada
Norway
Figure 5. 2022 IPRI vs. 2021 IPR: Top Countries Ranking Change.
As shown in Figure 6, the bottom 15 countries highest LP component (3.45), while Cameroon
of this 2022 IPRI edition are: Bolivarian Rep. of leads in the PPR component (3.91) and Nicara-
IPRI 2022 LP 2022 PPR 2022 IPR 2022 Venezuela (1.77), Rep. of Yemen (2.25), Haiti gua in the IPR component (4.19).
Figure 4. 2022 IPRI & Components: Top 15 Countries. (2.83), Democratic Rep. of Congo (2.89), Chad
(3.07), Zimbabwe (3.11), Angola (3.14), Maurita- Contrary to what is shown for top countries, the
nia (3.22), Bolivia (3.29), Nigeria (3.31), Nicaragua weakest component for these bottom countries
Figure 5 shows that the top 15 countries remain (3.46), Ethiopia (3.47), Cameroon (3.52), Bangla- is the LP component and half of them show PPR
the same, with differences in their line-up. This desh (3.58), and Madagascar (3.60). as the second strongest component; the other
situation has been repeated during the last 5 half is the IPR component.
years. IPRI scores for these countries range from 3.6 to
1.77. Bangladesh is the country that shows the
Bangladesh
Cameroon
-14.03%
Ethiopia
Nicaragua
Nigeria
Bolivia
Mauritania
Angola
Zimbabwe
Chad
Haiti
Figure 8. LP Score 2022-2021 and Variation (%). Figure 9. PPR Score 2022-2021 and Variation (%).
5
IGAD 4.0196 3.6403 4.2832 4.1353
4
USMCA 6.5538 6.0333 6.2315 7.3967
3
CEEAC 3.6606 3.1653 3.9062 3.9103
2
TPP-11 6.3624 6.5579 6.2711 6.2581
1
PROSUR 4.5863 4.2844 4.5694 4.9052
0
Africa Asia Central America & European North America Oceania Rest of Europe South America
Table 6. 2022 IPRI and Components: Groups Score. Caribbean Union
0 0
Advanced Emerging and Emerging and Latin America and Middle East and Sub-Saharan
PR 11
CE A
CO P
A
EN
TA
EC DC
CC
CE C
U S
N
RI C
R
D
EU
AS S
RL N
AC
U D
A
CI
A
SU
CC
SU
AR
CA E
EA
P-
EC
A
IO
A
CA
CO
Economies Developing Asia Developing Europe the Caribbean Central Asia Africa
EF
W
SM
G
AC
M
SA
IG
E
TP
N
O
SA
O
M
O
ER
M
PA
AB
M
AR
IPRI LP PPR IPR
Figure 13. 2022 IPRI and Components. Region & Development Groups Score. IPRI LP PPR IPR
Figure 15. 2022 IPRI and Components. Integration Agreement Groups Score.
As in previous editions, the income classifi- decrease registered for the PPR compo- 1.8 - 2.7 2 58,262 0.8 0.6 0.3 0.61
cation groups show the same display of the nent, with the exception of CARICOM which 2.8 - 3.7 18 872,646 11.9 9.1 7.9 1.69
IPRI score. High Income (6.66) remains at the showed an improvement of 7.72%. For the
3.8 - 4.7 41 1,850,385 25.3 26.5 21.7 10.58
top, followed by Upper Middle (4.74), Lower IPR component just the CIS group showed
4.8 - 5.7 26 3,432,002 46.9 20.4 48.8 27.26
Middle (4.09) and Low Income (3.71) coun- and improvement of 1.14%.
5.8 - 6.7 19 237,979 3.3 17.5 4.0 6.76
6.8 - 7.7 15 814,843 11.1 16.4 16.2 49.15
7.8 - 8.7 8 53,842 0.7 9.4 1.1 3.94
More than half of the sample population (51.9%) On the two extremes of the sample, we find
live in 67 countries, representing 72% of the that 11.9% of the population live in 23 countries,
population, with middle to low scores in this enjoying higher levels of property rights protec-
Index, [3.8 - 5.7]. tion [6.8 – 8.7]; and 12.7% of the population live in
20 countries with lower levels of property rights
[1.8 – 3.7].
4. Source: United Nations, Department of Economic and Social Affairs, Population Division. World Population Prospects 2019, Online Ed..
https://population.un.org/wpp/Download/Standard/Population/ downloaded: March 29, 2022.
Figure 16. 2022 IPRI: Country Score Changes (Population and Regional Groups).
Gender Equality is a goal in itself. It refers to 1. Women’s Access to Land Ownership: Esti- » Female genital mutilation: Measures the A minimum score (0) means complete discrim-
the equal rights, responsibilities and opportu- mates whether women and men have equal occurrence of female genital mutilation. ination against women, while maximum score
nities for women and men, girls and boys; and and secure access to land assets, use, (10) is given to countries with gender equality. As
its relevance has been demonstrated in foster- control and ownership. » Violence against women: Measures the GE data source is discrete, equal outcomes
ing development for both less developed and whether the legal framework protects are likely to be found. That will be minimized in
developing countries, particularly in some areas 2. Women’s Access to Bank Loans: Measures women from violence – including intimate the IPRI-GE thanks to the variability of the IPRI
like health, education, agriculture and unbiased whether women and men have equal and partner violence, rape, and sexual harass- scores.
access to credit for reducing poverty. secure access to formal financial services. ment – without legal exceptions and in a
comprehensive approach. To account for Gender Equality (GE), this chapter
We use a Gender Equality component combined 3. Women’s Access to Property Other than extends the standard IPRI measure to include a
with the IPRI to grasp possible bias as proxy Land: Determines whether women and men » Freedom of movement: Measures whether measure of GE concerning property rights. The
for discrimination in a country/territory, which have equal and secure access to non-land women and men have the same rights IPRI formula incorporates Gender Equality as
would mean that the result of the Index would assets use, control and ownership. to apply for national identity cards (if following:
not be equally applicable to all members of a applicable) and passports, and to travel
society. The possible forms of discrimination 4. Inheritance Practices: Measures whether outside the country. IPRI - GE = IPRI * [(GE + 10)/20]
are multiple, but we have considered only that women and men have the same legal rights
based on gender. to inheritance of land and non-land assets. » Citizenship rights: Measures whether This way if a country shows a GE=10 (gender
women and men have the same citizen- equality), its IPRI-GE score will be equal to its
The data used to calculate the Gender Equality 5. Women’s Social Rights: Covers broader ship rights and ability to exercise their IPRI score; while if a country display a GE=0 (total
component for the IPRI are those items more aspects of women’s equality, and it is a rights. discrimination), its IPRI-GE score will be half of
closely related to property rights and its impact composite of seven other items crucial to its IPRI score, as only half of the population will
in economic development of the Social Institu- equal standing in society. Items: » Workplace rights: Measures whether enjoy some level of property rights protection
tions and Gender Index, SIGI (by OECD). The SIGI women and men have the same legal (we are assuming, 50% female, 50% male popu-
is composed of five sub-indices, each repre- » Divorce: Measures whether women and rights and opportunities in the workplace. lation).
senting a separate dimension of discrimination: men have the same legal rights to initiate
Discriminatory Family Code, Restricted Physical divorce and have the same requirements The original data have three levels: 0 (Best), 0.5 Simultaneously, to make easier the comparison
Integrity, Son Bias, Restricted Resources and for divorce or annulment. (Average) and 1 (Worst). All data series were of the IPRI and the IPRI-GE and make it more
Assets, and Restricted Civil Liberties. rescaled to (0-10). The final GE score is calcu- informing for policy makers, we keep the scale
» Household responsibilities: Measures lated as the average of the five equally weighted for the IPRI-GE from 0-10.
The GE component is calculated using the follow- whether women and men have the same variables. Those variables with more than one
ing indicators (Source: OECD Gender, Institu- legal rights, decision-making abilities and item where calculated also as equally weighted.
tions, and Development Database 2019 (GID-DB). responsibilities within the household.
https://www.genderindex.org/data/, down-
loaded March 29, 2022. Details in Appendix III):
8 8
7 7
6 6
5 5
4 4
3 3
2 2
1 1
0 0
A AO CEECA LAC MENA NA WE
PR 11
CE A
CO P
A
EC DC
EN
CC
CE C
TA
U S
N
RI C
R
D
EU
AS S
RL N
AC
U D
A
CI
A
SU
CC
SU
AR
CA E
EA
P-
EC
A
IO
A
CA
CO
EF
W
SM
G
AC
M
SA
IG
E
TP
N
O
SA
O
M
O
O
IPRI-GE GE
ER
M
PA
AB
M
AR
Figure 18a. 2022 IPRI-GE and GE: Regional Groups Scores.
IPRI-GE GE
10
Figure 18c. 2022 IPRI-GE and GE: Regional and Development Groups Scores.
9
8
9
7
8
6
7
5
6
4
5
3
4
2
3
1
2
0
Africa Asia Central European North Oceania Rest of South 1
America and Union America Europe America
the Caribbean 0
High Income Upper Middle Lower Middle Low Income
IPRI-GE GE Income Income
IPRI-GE GE
Figure 18b. 2022 IPRI-GE and GE: Geographical Groups Scores.
Figure 18d. 2022 IPRI-GE and GE: Income Groups Scores.
UNITED ARAB
FINLAND IRELAND ARMENIA BURKINA FASO
10 STRONGEST
EMIRATES
NEW ZEALAND CANADA ITALY BULGARIA NEPAL
9
BOSNIA &
SWITZERLAND JAPAN URUGUAY BRAZIL
8 HERZEGOVINA
NORWAY ICELAND CHINA INDIA BENIN
7
LUXEMBOURG UNITED KINGDOM ROMANIA RUSSIA SRI LANKA
6
DENMARK ESTONIA QATAR BOTSWANA MALAWI
5 DOMINICAN
AUSTRIA FRANCE POLAND GUATEMALA
4 REPUBLIC
NETHERLANDS TAIWAN SOUTH AFRICA THAILAND TANZANIA
3
SWEDEN PORTUGAL MAURITIUS JORDAN ECUADOR
2 AUSTRALIA CZECH REPUBLIC MALAYSIA MEXICO KENYA
1 UNITED STATES LITHUANIA CHILE KAZAKHSTAN MOZAMBIQUE
0 SINGAPORE SPAIN COSTA RICA GHANA ZAMBIA
Advanced Commonwealth Emerging & Emerging & Latin America & Middle East & Sub-Saharan
Economies of Independent Developing Asia Developing the Caribbean Central Asia Africa GERMANY KOREA, REP. JAMAICA ARGENTINA PARAGUAY
States Europe BELGIUM MALTA AZERBAIJAN MOROCCO BURUNDI
tile 29 countries, and 5th quintile 41 countries). SAUDI ARABIA MOLDOVA BOLIVIA
Hence, the fourth and the fifth quintiles include BAHRAIN UKRAINE MADAGASCAR
CAN -12.08
USA -11.94
GBR -11.76
LUX -10.02
ISR -9.91
AUS -9.82
COL -9.68
FRA -8.75
JPN -8.18
BEL -8.01
GRC -7.93
CHE -7.80
ISL -6.769
ESP -6.65
NZL -5.90
ITA -5.73
7 It is undeniable that property tax implies a IRL -5.67
2022 IPRI & TAXES By virtue of the above, an adjustment to the TUR -4.45
IPRI for this concept is made to account NLD -4.24
these impacts. We extend the IPRI using DNK -4.21
Property rights and the principle of necessity ity – seen in numerous legislatures forestalling data on property tax revenues as a % of total
PRT -4.18
of taxes both have legitimate worth; and under the fleeting furthest reaches of their goals and tax revenues, from the OECD, as follow:
FIN -3.59
these circumstances, the over the top idea of management, producing distortions past their
POL -3.58
an authoritative expense strategy by tax policy terms to be endured by people in the future. IPRI - PT = IPRI - [(IPRI/100 * PT)]
NOR -3.36
requires accommodating the two rights. Any
other way would be an instance of inconsistent According to the OECD, property taxes are Results show that on average the IPRI-PT DEU -3.29
dispossession or exorbitant hardship of the defined as those recurrent and non-recurrent score for these countries is 5.79% lower HUN -2.98
property right; or in the contrary case, a break taxes on the use, ownership or transfer of prop- than its IPRI value, with some of them with LVA -2.96
of the obligation to contribute to the functioning erty. These include taxes on real estate or net a reduction over 12%. South Korea (-14.21%), SWE -2.24
of public administration. worth, taxes on change of ownership by inher- Canada (-12.08%), USA (-11.94%), UK (-11.76%), CRI -1.98
itance or gift, and taxes on financial and capital and Luxembourg (-10.02%) show the highest
SVN -1.70
This prompts a legitimate consideration and transactions. This indicator relates to the govern- negative impact – over 10% – while Czech
MEX -1.60
assessment of the connection between the right ment as a whole (all levels of government) and Rep., Estonia and Lithuania the lower ones,
AUT -1.38
of the State to force the charge of taxes and is measured as a percentage of both GDP and with less than 1%.
the private property rights of citizens, particu- total taxation. SVK -1.38
Figure 19. 2022 IPRI vs 2022 IPRI-PT: OECD Countries. EST -0.63
CZE -0.59
IPRI-PTax IPRI 2022 0.0 2.0 4.0 6.0 8.0
Seeking a broad and comprehensive approach, factured goods competitively. (2020 Edition,
2022 IPRI & A VIRTUOUS ECOSYSTEM we start with the economic dimension, grasp- https://www.unido.org/news/unidos-com-
ing those conditions citizens enjoy in daily life. petitive-industrial-performance-in-
We included four categories to be evaluated dex-2020-country-profiles-published).
There’s broad academic literature highlighting Those measurements were gathered in five (5) (source details in Appendix IV):
relevant impacts between the respect for prop- dimensions: » Sustainability: Using the Global Sustainable
erty rights and making strides in the quality of life » Production: Using the Gross Domestic Competitiveness Index (GSCI), by Solabil-
of citizens, turning property rights into a funda- 1. Economic Environment Product (GDP)5 in constant USD (2015=100) ity Sustainable Intelligence, that measures
mental piece of a virtuous ecosystem for human per capita terms and also adjusted by the the ability to generate and sustain inclusive
development. In light of the above, we examined 2. Social Environment Gini Coefficient.6 Adjusting the GDP by the wealth without diminishing the future capabil-
different elements to assess conceivable rela- Gini coefficient was considered to capture ity of sustaining or increasing current wealth
tionships – using statistical correlations – with 3. Institutional Environment income inequality (Data Source: World Bank levels (https://solability.com/the-global-sus-
the IPRI, drawing empirically based conclusions. and UN DESA). tainable-competitiveness-index/the-index).
4. Ecological Environment
» Domestic Investment: Using the Gross Capi- Then we used Pearson’s Correlation Coefficient,
5. Emerging Environment tal Formation in current per capita terms, which is a measure of the linear dependence
which consists of outlays in addition to between two variables, to evaluate their asso-
the fixed assets of the economy plus net ciations with the IPRI and its components. We
changes in the level of inventories (Data found that these correlations were significant
Source: World Bank and UN DESA). and relevant7 (see Table 9).
» Competitivity: Using the Competitive Indus- The tranches or correlation’s ranges we use are
trial Performance Index (CIP), by the United as follows: None [0], Weak (0 - 0.3), Soft [0.3 -
Nations Industrial Development Organiza- 0.5), Moderate [0.5 - 0.6), Good [0.6 - 0.8), Strong
tion (UNIDO) which benchmarks the ability [0.8 – 1), Perfect [1]. The direction of the correla-
of countries to produce and export manu- tions were as expected.
5. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not
included in the value of the products. It was calculated without making deductions for depreciation or for depletion and degradation
of natural resources.
6. The Gini coefficient is a statistical measure of the degree of variation represented in a set of values.
7. Correlation theory is aimed to show the possible relationship, association or dependence between two or more observed variables.
Besides, it allows for the analysis of the type of association (direct or indirect) and the level or degree of intensity between them.
8. The coefficient of determination (R2) represents the proportion of the variance in the dependent variable that is predictable from the
independent variable. It ranges from 0 to 1.
$50,000
PRODUCTION
3,600,000
$29,318.49
$30,000
GDP pc-GINI
$20,000
$12,254.21
2 2 2 10,000
R = 0.7258 R = 0.7006 R = 0.7628
36,000,000 $10,000
$6,286.25
INVESTMENT
$2,535.52
GCF pc
$0
Top 20% 2nd Quintile 3rd Quintile 4th Quintile Bottom 20%
IPRI Quintile
2 2 2
R = 0.6628 R = 0.5977 R = 0.5707 26,000
65
Figure 20c. Average Income per capita by 2022-IPRI Quintiles..
SUSTAINABILITY
Figure 20c shows that, on average, countries based on the averages of 2022-IPRI scores and
GSCI
in the top quintile of IPRI scores (i.e. top 20%) corresponding data on average GDP per capita
show a per capita income over 21 times that of in USD constant terms (2015=100, source: World
2
R = 0.4961
2
R = 0.3477
2
R = 0.4811 35 countries in the bottom quintile. That disparity Bank data) for the last available year. These
0.5
increased significantly from last year when it was results reinforce the significant and positive
19 times, however it is better if compared with relationship between prosperity and a property
COMPETITIVITY
2 2 2 0
R = 0.3266 R = 0.3433 R = 0.6017
More People
IPRI & GDP pc IPRI & GDP pc-GINI IPRI & GKF pc
IPRI & GSCI IPRI & CIP
R2= 0.3544 1
PARTICIPATION
R2= 0.5198 80
HEALTH SECURITY
R2= 0.5778
tative elements. This way our society nowadays tary index to the UN E-Government Survey.
emphases, particularly, on individual well-being, It extends the dimension of the Survey by
people’s quality of life; in other words, the degree focusing on the use of online services to
to which each member of the society is healthy, facilitate provision of information by govern- 0 0 0
the possibility of a healthy social relationship, ments to citizens (“E-information sharing”),
More People
with respect and tolerance to the difference, and interaction with stakeholders (“E-consulta- IPRI & S. Tolerance IPRI & E-Part IPRI & GHSI
the possibility of participation in social decisions. tion”), and engagement in decision-making
processes (“E-decision making”). Figure 21a. Social Environment and IPRI Correlations (w/demographic incidence).
With this in mind, we assessed the relation-
ship of the IPRI and its components with three » Health Security: Measured using the Global LP PPR IPRI
elements (source details in Appendix IV): Health Security Index (by Johns Hopkins 100
TOLERANCE
» Tolerance: We used the indicator for Social Initiative (NTI), and Economist Intelligence
S. Tolerance
Tolerance of The Legatum Prosperity Index, Unit (EIU)), which is a comprehensive assess-
2021 (www.prosperity.com) which is part of its ment and benchmarking of health security
Personal Freedom pillar, which is a compo- and related capabilities across the world. 2
R = 0.3796 2 2
R = 0.3412 0
R = 0.259
nent of its Inclusive Society Domain. It includes First published in 2019, it concluded that “no
1
the perceived tolerance of ethnic minorities, country is fully prepared for epidemics or
of LGBT individuals and of immigrants. pandemics, and every country has import-
PARTICIPATION
ant gaps to address”, something that the
E-Part
» Participation: Measured through the E-Par- Covid-19 pandemic sadly demonstrated.
ticipation Index, that measures e-partici- The Index includes 85 items gathered in six
pation according to a three-level model of (6) categories: Prevention, Detection and 2
R = 0.452 2
R = 0.4383
2
R = 0.5425
0
participation that includes: (a) E-informa- Reporting, Rapid Response, Health System, 80
tion – provision of information on the Inter- Compliance with International Norms, and
HEALTH SECURITY
net, (b) E-consultation – organizing public Risk Environment.
consultations online, and (c) E-decision-mak-
GHSI
ing – involving citizens directly in decision As shown in Table 10, correlations with IPRI and
processes. The goal of E-participation initia- its components were moderate for Tolerance,
2 2 2
tives is to improve citizens’ access to infor- while good for Governance and Health Secu- R = 0.5137 R = 0.4746 R = 0.6217 0
mation and public services; and promote rity; and for these last two, were higher for IPR. 1.2 8.8 1.5 8.5 2.6 8.7
participation in public decision-making which More People
IPRI & S. Tolerance IPRI & E-Part IPRI & GHSI
LP
PPR
-0.550
-0.643
-0.513
0.954
0.974
0.891
0.697
0.722
0.592
Institutions or ‘rules of the game’, the respect cpi/overview): This index ranks countries/
IPR -0.381 0.865 0.679
for the rule of law, structures and practices that territories based on how corrupt a coun-
condition a government’s actions to protect try’s public sector is perceived to be. It is a Table 11. Pearson’s Correlation Coefficients.
citizens’ rights and liberties, are fundamental composite index, drawing on corruption-re-
for a full and prosperous life. In this section we lated data from expert and business surveys The strongest Pearson correlation was shown measured with the GOC Index as an average
include three elements for their evaluation with carried out by a variety of independent and with the Perception Corruption Index, giving us showed moderate correlations, naturally in the
the IPRI and its components (source details in reputable institutions. It ranges between 0 relevant information about the relationship of opposite direction (negative signs). For all of
Appendix IV): (highly corrupt) and 10 (very clean) for the a robust property rights system and a society them the highest level of the correlation was
years 1995 - 2011 and between 0-100 after- free of this scourge. The Human Freedom Index with the LP component.
» Absence of Coercion: Using The Human wards, where 0 means that a country is showed good correlation while delinquency,
Freedom Index (HFI) (by Cato, Fraser and perceived as highly corrupt and 100 means
Visio Institute. https://www.cato.org/ it is perceived as very clean.
human-freedom-index), HFI presents a DELINQUENCY CORRUPTION ABSENCE OF COERCION
broad measure of human freedom, under- » Delinquency: Measured through the The
10 R2= 0.3033 10 R2= 0.9198 10 R2= 0.4925
stood as the absence of coercive constraint Global Organized Crime Index is a multi-di-
(based on the “negative” definition of free- mensional tool that assesses the level of
dom that prevent individuals from acting as criminality and resilience to organized crime
they might wish), which includes economic for 193 countries along three key pillars –
freedom. HFI suggests that freedom plays criminal markets, criminal actors, and resil-
an important role in human well-being, and ience. Developed over a two-year period,
0 0 0
offers opportunities for further research into the Index draws from both quantitative and
the complex ways in which freedom influ- qualitative sources and is underpinned by IPRI & GOCI IPRI & GPI IPRI & HFI
More People
ences, and can be influenced by, political over 350 expert assessments and evalua-
regimes, economic development, and a tions by the GI-TOC’s regional observato- Figure 22a. Institutional Environment and IPRI Correlations (w/demographic incidence).
whole range of indicators of human well-be- ries. The objective of the Index is to provide
ing. The Index uses 76 distinct indicators metrics-based information that would allow
gathered in two dimensions: personal (34) policymakers and continental and regional
and economic (42) freedom, distributed in bodies to prioritize their interventions on
the following areas: [1] Rule of Law; [2] Secu- the basis of a holistic assessment of where
rity and Safety; [3] Movement; [4] Religion; vulnerabilities lie and equip them with the
[5] Association, Assembly, and Civil Society; means to measure the efficacy of their
[6] Expression; [7] Relationships; [8] Size of responses to mitigate the impact of orga-
Government; [9] Legal System and Prop- nized crime. (https://ocindex.net/).
erty Rights; [10] Access to Sound Money; [11]
Freedom to Trade Internationally and [12]
Regulation of Credit, Labor, and Business.
provides a global view of environmental tion, ultimately lowering risk and enhancing
performance and country by country metrics readiness (https://gain.nd.edu/about/).
CPI
LP 0.778 0.881
10
PPR 0.691 0.829
IPR 0.829 0.865
HFI
2 2 2
R = 0.5275 R = 0.3578 R = 0.4632
0
It is remarkable the high correlation found
1.2 8.8 1.5 8.5 2.6 8.7
between the IPRI and its components and the
IPRI & GOCI IPRI & GPI IPRI & HFI More People Notre Dame Global Adaptation Index, informing
the relevance of the robustness of a property
rights system fostering social flexibility, and in
Figure 22b. Institutional Environment and IPRI Components’ Correlations. this case, to enhance readiness and lowering
risks for a global challenge as the climate. On
the other hand the correlations with an index
focused on environmental performance is on
average moderate.
GAII
PPR 0.520 0.791 0.658 0.753 0.746
70
INNOVATIVE DRIVE
The robustness of a property rights system The GII shows the strongest correlation with the
shows a relevant and positive relationship with IPRI, and it is even higher for IPR. It is also strong
those features of the emerging society in the for the Telecomm. Infrastructure Index and with
GII
so-called ‘knowledge society’, and it was to be the E-Government Index. Biotechnology inno-
expected, since it is a guarantee that is offered vation show good correlation for IPRI and its
2 2 2
R = 0.6687 R = 0.6275 R = 0.814 10
to innovative efforts to improve the living condi- components while innovation in AI is positive
60
tions of the population. but moderate.
Biotech
120 80 70 1.6 1.2
2 2 2
R = 0.4813 R = 0.4334 R = 0.4052 0
CONNECTIVITY
2 2 2 2 2
0 R = 0.3613 0 R = 0.7614 0 R = 0.4895 35 R = 0.4968 0 R = 0.6661
IPRI & GAII IPRI & GII IPRI & BIOTECH More People
TII
IPRI & TII IPRI & E-GOV
2 2 2
R = 0.4831 R = 0.4278 R = 0.4513 0
Figure 24a. Emerging Environment and IPRI Correlations (w/demographic incidence). 1
E-GOV
E-GOV
2 2 2
R = 0.6215 R = 0.5618 R = 0.6401 0
IPRI & GAII IPRI & GII IPRI & BIOTECH More People
KINGDOM OF
The analysis showed that the three clusters tia among groups. Clusters’ members are as ESWATINI
ZIMBABWE
were sufficient to explain the grouping of coun- shown in Table 15 and illustrated in Figure 25.
tries; more specifically, the observed inertia Table 15. Cluster’s Members (ordered by distance from clusters’ centroids).
within each group does not exceed the iner-
PROSUR
SAARC
ARAB M
Upper
CIS
OECD UNION OECD
ASEAN OECD MCCA SAARC
Middle Lower High Income GCC EU
Income Middle High Income Upper ASEAN
PARLACEN
GCC
High Low
CAN
ECOWAS
CEEAC
CEMAC SAARC
Income Income IGAD
Emerging
and
Developing
Europe
Latin Advanced
American Economies
Sub- and the
Saharan Caribbean
Africa
Advanced 3,501,009
Middle East
and Central Economies 3,371,737
Emerging Asia 3,069,555
and
Middle East
Developing Latin America 878,667
Asia and the
and Central
Caribbean
Asia
Cluster 1: Botswana, Ghana, Jamaica, Jordan, Cluster 3: Spain and Korea, Rep.
II. CLUSTER ANALYSIS FOR IPRI AND MEASUREMENTS OF Morocco, Rwanda.
A VIRTUOUS SYSTEM This comparative analysis of the two kinds of
Cluster 2: Albania, United Arab Emirates, Argen- cluster analysis insists in the relevance of the
tina, Bosnia And Herzegovina, Brazil, Colombia, IPRI as a robust tool in the examination of soci-
19 measurements, organized in five dimen- The inertia is distributed through this factors as Dominican Republic, Ecuador, Estonia, Geor- eties, and naturally of the key role of property
sions that we used to evaluate correlations (see follows: The first one collecting 62.71% of the gia, Greece, Hong Kong, Indonesia, Kazakhstan, rights promoting virtuous incentives, fostering
Section VIII). Considering these 19 measurements inertia, the second with 8.12% and the third one Sri Lanka, Moldova, Mexico, North Macedonia, a full development, within liberty.
as active variables for PCA results in 19 factors. with 6.70%. The fourth to nineteenth factors each
have a percentage of inertia of less than 5%.
IRL
3.0
CHE
YEM
NOR
BDI
TCD MRT MWI HKC
QAT ISR
VEN AUS
HTI
1.5 COD MDG ETH BIOTECH
CAN SWE
MLI DZA
ZMB
AGO SWZ GAB BWA
CMR BEN GKFPC BEL DNK
SEN RWA JAM GDPPC
LBN NLD FIN
GDPGINI NZL GBR
MOZ HND BFA JOR TWN
PAK DEU
TZA CIV NPL
ZWE UGA TTO AUT
RGD BOL CPI
ARE FRA
JPN
Cluster 3/3
GTM NIC IPRI
EGY GI
0 OMN EPI
NGA Cluster 1/3 MAR BIH TUN BHR CIP
HFI MLT USA
IRN GHA SLV AZE MNE GSCI
KEN DOM GOCI
CRI
LKA PAN GEO CZE
MDA SAU URY
ITA
GHSI
PRY SRB PRT
MKD EGOV
ROU SVK LVA CYP ESP
VNM ECU
KAZ KWT HUN LTU
ALB CHN
IND KOR SGP
PER
MYS HRV CHL
-1.5 ARM
GRC
SVN
COL
Cluster 2/3 BGR
PHL
TUR MEX
RUS Cut “a” of the tree into 3 clusters
UKR
THA BRA
IDN CLUSTER 1/3 44
ARG
ZAF CLUSTER 2/3 62
EST CLUSTER 3/3 23
SVN
-3.0
-5.0 -2.5 0 2.5 5.0 7.5
Factor 1 - 62.71%
Figure 27. Clusters’ Members and Centroids (w/ IPRI + 19 variables).
FINAL REMARKS
The International Property Rights Index in this Results keep suggesting that countries with high
edition keeps showing regularity with previous IPRI scores and its components also show high
ones, allowing us to say that it has a proper struc- income and high development levels indicating
ture for monitoring the performance of property the positive relationship between a robust prop-
rights systems and its relationship with societies’ erty rights system and people quality of life. This
virtuous environments, globally, regionally and is clearly supported by the correlations 19 vari-
within countries. ables organized in 5 groups that were contrasted
with the IPRI and its components. Results show
2022-IPRI edition includes 129 countries repre- the relevance of property rights systems and
senting the 93.91% of world population and its association with the best performances and
98.12% of world GDP, with an average score of practices in societies.
5.19 (Max. 8.17; Min. 1.77) showing a setback for a
fifth consecutive year. When population weighs We included two kinds of cluster analysis in order
in, IPRI scores reduces to 5.12, showing the diffi- to gather countries in groups by their homoge-
culties for the vast majority of the population neity. The first one according to the IPRI compo-
to access and enjoy property rights protection. nents and the second, considering the IPRI and
Simultaneously, the average of the 2022 IPRI-GE the different measurements we used to evaluate
score is 4.48, showing also a decline from last correlations. Both confirmed the consistency of
year. This is a regrettable result that we have also the IPRI, since the assembled countries exhibited
seen in other measurements of liberty, democ- a high degree of similarity, showing the relevance
racy and world governance that should alert us of property rights systems in shaping societies.
of the dangerous road we may be heading all
over the world.
Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Chad, Democratic Republic of
Congo, Côte D’Ivoire, Eswatini, Ethiopia, Gabon, Ghana, Kenya, Madagascar, Malawi, Mali,
A 28
Mauritania, Mauritius, Mozambique, Nigeria, Rwanda, Senegal, South Africa, Tanzania, Uganda,
I. DATA SOURCE: IPRI 2022 Zambia Zimbabwe
Australia, Bangladesh, Brunei Darussalem, China, Hong Kong (SAR of China), India, Indonesia,
AO 19 Japan, Republic of Korea, Malaysia, Nepal, New Zealand, Pakistan, Philippines, Singapore, Sri
DOWNLOAD ORIGINAL YEAR Lanka, Taiwan (China), Thailand, Vietnam
IPRI-2022 DATA SOURCE LINK
DATE SCALE (DATA)
GRUPO REGIONAL
Albania, Armenia, Azerbaijan, Bosnia & Herzegovina, Bulgaria, Croatia, Cyprus, Czech
World Economic Forum. https://www.wefo- CEECA 25 Republic, Estonia, Georgia, Hungary, Kazakhstan, Latvia, Lithuania, Macedonia, FYR, Moldova,
Judicial Mar. 29, The Global Competitiveness rum.org/reports/ Montenegro, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey, Ukraine
[1-7](best) 2019 global-competitive-
Independence 2022 Index 4.0 2019 Dataset |
Version 20191004 ness-report-2019 Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Domincan Republic, Ecuador, El
LAC 21 Salvador, Guatemala, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Panama, Paraguay, Peru,
The Worldwide Governance http://info.worldbank. Trinidad & Tobago, Uruguay, Bolivarian Republic of Venezuela
Mar. 29, [(-2,5) -
LEGAL AND Rule of Law 2020 Indicators 2020 (2021 org/governance/wgi/
2022 (2,5)] best index.asp#home
POLITICAL update) Algeria, Bahrain, Egypt, Iran, Israel, Jordan, Kuwait, Lebanon, Morocco, Oman, Qatar, Saudi
MENA 15
ENFIRONMENT Arabia, Tunisia, United Arab Emirates, Republic of Yemen
(LP) The Worldwide Governance http://info.worldbank.
Political Mar. 29, [(-2,5) - NA 2 Canada, United States (USA)
2020 Indicators 2020 (2021 org/governance/wgi/
Stability 2022 (2,5)] best index.asp#home
update)
Austria, Belgium, Denmark, Finland, France, Germany, Greece, Iceland, Ireland, Italy,
WE 19 Luxembourg, Malta, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, United
The Worldwide Governance http://info.worldbank.
Control of Mar. 29, [(-2,5) - Kingdom (UK)
2020 Indicators 2020 (2021 org/governance/wgi/
Corruption 2022 (2,5)] best index.asp#home
update)
Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France,
EUROPEAN
27 Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands,
World Economic Forum. https://www.wefo- UNION
Physical Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden
Mar. 29, The Global Competitiveness rum.org/reports/
Property [1-7](best) 2019 global-competitive-
2022 Index 4.0 2019 Dataset |
Protection ness-report-2019 Albania, Armenia, Bosnia & Herzegovina, Georgia, Iceland, Macedonia, FYR, Moldova,
Version 20191004 REST OF EUROPE 15
Montenegro, Norway, Russia, Serbia, Switzerland, Turkey, Ukraine, United Kingdom (UK)
http://www.world-
PHYSICAL justiceproject.
Registering Mar. 18, World Justice Project, Rule Algeria, Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Chad, Democratic
PROPERTY [0-1](best) 2021 org/our-work/re-
Process 2022 of Law Index, 6.3 & 6.4 (avg) Republic of Congo, Côte D'Ivoire, Egypt, Eswatini, Ethiopia, Gabon, Ghana, Kenya,
GEOGRAPHICAL REGIONS
RIGHTS (PPR) search-and-data/wjp- AFRICA 32
rule-law-index-2021 Madagascar, Malawi, Mali, Mauritania, Mauritius, Morocco, Mozambique, Nigeria, Rwanda,
Senegal, South Africa, Tanzania, Tunisia, Uganda, Zambia, Zimbabwe
World Economic Forum. https://www.wefo-
Access to Mar. 29, The Global Competitiveness rum.org/reports/ NORTH AMERICA 3 Canada, Mexico, United States (USA)
[1-7](best) 2019 global-competitive-
Financing 2022 Index 4.0 2019 Dataset |
Version 20191004 ness-report-2019 CENTRAL
Costa Rica, Dominican Republic, El Salvador, Guatemala, Haiti, Honduras, Jamaica, Nicaragua,
AMERICA AND 10
World Economic Forum. Panama, Trinidad & Tobago
Intellectual https://www.wefo- THE CARIBBEAN
Mar. 29, The Global Competitiveness rum.org/reports/
Property [1-7](best) 2019 global-competitive-
2022 Index 4.0 2019 Dataset | Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru, Uruguay, Bolivarian
Protection ness-report-2019 SOUTH AMERICA 10
Version 20191004 Republic of Venezuela
Patent Index 2021. Chrysa Azerbaijan, Bahrain, Bangladesh, Brunei Darussalam, China, Hong Kong (SAR of China),
Patent Mar. 29,
[0-6](best) 2021 K. Kazakou (Atty), Walter G. India, Indonesia, Iran, Israel, Japan, Jordan, Kazakhstan, Republic of Korea, Kuwait,
Protection 2022 ASIA 30
Park (PhD) Lebanon, Malaysia, Nepal, Oman, Pakistan, Philippines, Qatar, Saudi Arabia, Singapore, Sri
INTELLECTUAL
PROPERTY Lanka, Taiwan (China), Thailand, United Arab Emirates, Vietnam, Republic of Yemen
https://www.bsa.
RIGHTS (IPR) org/~/media/
Copyright Mar. 29, [0-100%] BSA Global Software Survey
2017 Files/StudiesDown- OCEANIA 2 Australia, New Zealand
Protection 2022 (worst) 2018 load/2018_BSA_GSS_
Report_en.pdf
International Trademark
Trademark Mar. 29, Index 2021. Chrysa K.
[0-1](best) 2021
Protection 2022 Kazakou (Atty), Walter G.
Park (PhD)
Australia, Austria, Bahrain, Belgium, Brunei Darussalam, Canada, Chile, Croatia, Cyprus, Australia, Austria, Belgium, Canada, Chile, Colombia, Costa Rica, Czech Republic,
Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong (SAR Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Israel,
of China), Hungary, Iceland, Ireland, Israel, Italy, Japan, Republic of Korea, Kuwait, Latvia, OECD 38 Italy, Japan, Republic of Korea, Latvia, Lithuania, Luxembourg, Mexico, Netherlands,
HIGH INCOME 49 Lithuania, Luxembourg, Malta, Netherlands, New Zealand, Norway, Oman, Poland, New Zealand, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, Switzerland,
Portugal, Qatar, Saudi Arabia, Singapore, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey, United Kingdom (UK), United States (USA)
INCOME CLASSIFICATION
Taiwan, Trinidad & Tobago, United Arab Emirates, United Kingdom (UK), United States
(USA), Uruguay Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland,
EU 27 France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta,
Burkina Faso, Burundi, Chad, Democratic Republic of Congo, Ethiopia, Madagascar, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden
LOW INCOME 12
Malawi, Mali, Mozambique, Rwanda, Uganda, Republic of Yemen
Angola, Botswana, Comoros, Democratic Republic of Congo, Eswatini, Lesotho,
Algeria, Angola, Bangladesh, Benin, Bolivia, Cameroon, Côte D'Ivoire, Egypt, El Salvador, SADC 16 Madagascar, Malawi, Mauritius, Mozambique, Namibia, Seychelles, South Africa, Tanzania,
LOWER MIDDLE Eswatini, Ghana, Haiti, Honduras, India, Indonesia, Iran, Kenya, Mauritania, Morocco, Nepal, Zambia, Zimbabwe
32
INCOME Nicaragua, Nigeria, Pakistan, Philippines, Senegal, Sri Lanka, Tanzania, Tunisia, Ukraine,
Vietnam, Zambia, Zimbabwe Benin, Burkina Faso, Cape Verde, Côte D'Ivoire, Gambia, Ghana, Guinea, Guinea-Bissau,
ECOWAS 15
Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, Togo
Albania, Argentina, Armenia, Azerbaijan, Bosnia & Herzegovina, Botswana, Brazil, Bulgaria,
China, Colombia, Costa Rica, Dominican Republic, Ecuador, Gabon, Georgia, Guatemala, Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines,
UPPER MIDDLE ASEAN 10
35 Jamaica, Jordan, Kazakhstan, Lebanon, North Macedonia, Malaysia, Mauritius, Mexico, Singapore, Thailand, Vietnam
INCOME
Montenegro, Moldova, Panama, Paraguay, Peru, Romania, Russia, Serbia, South Africa,
PARLACEN 6 Dominican Republic, El Salvador, Guatemala, Honduras, Nicaragua, Panama
Thailand, Turkey
11 CEMAC 6 Cameroon, Central African Republic*, Chad, Republic of Congo, Gabon, Equatorial Guinea
DEVELOPING ASIA Lanka, Thailand, Vietnam
Algeria, Angola, Republic of Congo, Equitorial Guinea, Gabon, Iran, Iraq, Kuwait, Libya,
OPEC 13
Nigeria, Saudi Arabia, United Arab Emirates, Bolivarian Republic of Venezuela
Angola, Burundi, Cameroon, Central African Republic, Chad, Republic of Congo, Gabon,
CEEAC 11
Equitorial Guinea, Democratic Republic of Congo, Rwanda, São Tomé and Principe
Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru,
TPP-11 11
Singapore, Vietnam
Average IPRIGE 3.31 4.90 7.12 PARLACEN Central American Parliament 6 6 100.00%
Average GDPPC 4,031.06 15,084.13 51,177.19 GCC Gulf Cooperation Council 6 5 83.33% 1 16.67
Average GCFPC 856,288.93 4,032,141.23 13,274,798.09 MERCOSUR Southern Common Market 4 3 75.00% 1 25.00%
Average GSCI 43.37 47.44 54.98 South Asian Association for
SAARC 5 4 80.00% 1 20.00%
Regional Cooperation
Average CIP 0.03 0.08 0.20
Central African Economic and
CEMAC 3 3 100.00%
Average EPI 40.22 53.37 73.21 Monetary Community