The Property Rights Alliance is proud to announce the release of the 2010 International Property Rights Index (IRPI), which measures the intellectual and physical property rights of 125 nations from around the world. This year, sixty-two international organizations partnered with the Property Rights Alliance and its Hernando de Soto Fellowship program to produce the fourth annual IPRI. To view the report in its entirety visit www.internationalpropertyrightsindex.org.
The IPRI uses three primary areas of property rights to create a composite score: Legal and Political Environment (LP), Physical Property Rights (PPR), and Intellectual Property Rights (IPR). Most importantly, the IPRI emphasizes the great economic differences between countries with strong property rights and those without. Nations falling in the first quintile enjoy an average national GDP per capita of $35, 676; almost double that of the second quintile with an average of $20, 087. The third, fourth, and fifth quintiles average $9,375, $4,699, and $4,437 respectively. “With regard to private property rights, PRA continues to champion the idea that physical and intellectual property are equally important in nature, and must be protected” states Kelsey Zahourek, PRA executive director. “Property rights contribute to increased levels of stability and provide people with the knowledge and comfort that their property will remain theirs.”...read more
COMMENT: Sadly, 14 countries rank higher than the US when it comes to protecting property rights.
No comments:
Post a Comment