The Property Rights Alliance, inspired in Hernando de Soto’s work, has just published the 2010 International Property Rights Index (IPRI), measuring property rights in 125 countries. This is its fourth edition and this year it was carried out by Victoria Strokova, the 2009 Hernando de Soto Fellow.
The index concentrates on three areas of property rights for its analysis: 1) Legal and Political Environment (LP), 2) Physical Property Rights (PPR), and 3) Intellectual Property Rights (IPR).
The top five countries were Finland (8.6), Denmark (8.5), Sweden (8.5), Netherlands (8.4), and Norway (8.3), while the bottom five were Chad (3.2), Zimbabwe (3.2), Venezuela (3.2), and Côte d’Ivoire (3.1), and Bangladesh (2.9)
Peru ranked 88th out of the 125 countries worldwide and 15th in the Latin American and Caribbean region. Overall, it improved in two areas, the Legal and Political Environment as well as in the Physical Property Rights. Interestingly, in the latter area, Peru improved in access to loans and protection of physical property rights.
Click here to go to the International Property Rights Index.