NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of...

55
NS4053 Winter Term 2014 Country/Region Indices

Transcript of NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of...

Page 1: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

NS4053 Winter Term 2014

Country/Region Indices

Page 2: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Country Indices/Rankings I

• There are a number of organizations that provide rankings of countries based on factors that organization feels are key to progress and sustained growth and development

• World Bank Governance Indices

• Voice and Accountability

• Political Stability/Absence of Violence

• Government Effectiveness

• Regulatory Quality

• Rule of Law

• Control of Corruption

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Page 3: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Country Indices/Rankings II

• Heritage Foundation, Index of Economic Freedom:

• Rule of Law

• Property Rights

• Freedom from Corruption

• Government Size

• Fiscal Freedom

• Government Spending

• Regulatory Efficiency

• Business Freedom

• Labor Freedom

• Monetary Freedom

• Open Markets

• Trade Freedom

• Investment Freedom

• Financial Freedom 3

Page 4: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Country Indices/Rankings III

• Legatum Prosperity Index

• Economy

• Entrepreneurship and Opportunity

• Governance

• Education

• Health

• Safety and Security

• Personal Freedom

• Social Capital

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Page 5: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Country Indices/Rankings IV

• World Economic Forum, Competitiveness Index

• Institutions

• Infrastructure

• Macroeconomic Environment

• Health and Primary Education

• Higher Education and training

• Goods Market Efficiency

• Labor Market Efficiency

• Financial Market Development

• Technological Readiness

• Market Size

• Business Sophistication

• Innovation 5

Page 6: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

WEF Framework

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Page 7: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

BRICs: Voice and Accountability

1996 2000 2003 2005 2007 2009 20110

10

20

30

40

50

60

70

80V

oic

e an

d A

cco

un

tab

ility

(p

erce

nti

le)

CountryBrazilChinaIndiaRussiaSouth Africa

Source: World Bank, Worldwide Governance Indicators, 1996-2011

Reflects perceptions of the extent to which a country's citizens are able to participate in selecting their government, as well as freedom of expression, freedom of association, and a free media.

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Page 8: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

BRICs: Political Stability/Absence of Violence

1996 2000 2003 2005 2007 2009 20115

10

15

20

25

30

35

40

45

50

55

60

Po

litic

al S

tab

ility

/Ab

sen

ce o

f V

iole

nce

(p

erce

nti

le)

CountryBrazilChinaIndiaRussiaSouth AfricaSource: World Bank, Worldwide Governance Indicators, 1996-2010

Reflects perceptions of the likelihood that the government will be destabilized or overthrown by unconstitutional or violent means, including politically-motivated violence and terrorism.

8

Page 9: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

BRICs: Government Effectiveness

1996 2000 2003 2005 2007 2009 201120

30

40

50

60

70

80G

ove

rnm

ent

Eff

ecti

ven

ess

(per

cen

tile

)

CountryBrazilChinaIndiaRussiaSouth AfricaSource: World Bank, Worldwide Governance Indicators, 1996-2010

Reflects perceptions of the quality of public services, the quality of the civil service and the degree of its independence from political pressures, the quality of policy formulation and implementation, and the credibility of the government's commitment to such policies.

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Page 10: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

BRICs: Regulatory Quality

1996 2000 2003 2005 2007 2009 201125

30

35

40

45

50

55

60

65

70

75

Reg

ula

tory

Qu

alit

y (p

erce

nti

le)

CountryBrazilChinaIndiaRussiaSouth Africa

Source: World Bank, Worldwide Governance Indicators, 1996-2011

Reflects perceptions of the ability of the government to formulate and implement sound policies and regulations that permit and promote private sector development.

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Page 11: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

BRICs: Rule of Law

1996 2000 2003 2005 2007 2009 201110

15

20

25

30

35

40

45

50

55

60

65R

ule

of

Law

(p

erce

nti

le)

CountryBrazilChinaIndiaRussiaSouth AfricaSource: World Bank, Worldwide Governance Indicators, 1996-2010

Reflects perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence.

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Page 12: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

BRICs: Control of Corruption

1996 2000 2003 2005 2007 2009 201110

20

30

40

50

60

70

80C

on

tro

l o

f C

orr

up

tio

n (

per

cen

tile

)

CountryBrazilChinaIndiaRussiaSouth Africa

Source: World Bank, Worldwide Governance Indicators, 1996-2010

Reflects perceptions of the extent to which public power is exercised for private gain, including both petty and grand forms of corruption, as well as "capture" of the state by elites and private interests.

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Page 13: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

MENA: Voice Accountability

1996 2000 2003 2005 2007 2009 20115

10

15

20

25

30

35

40

Country/GroupingMonarchiesGulfAuthoritarian

Data Source: World Bank, World Governance Indicators, 2009

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Page 14: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

MENA: Political Stability, Absence of Violence

1996 2000 2003 2005 2007 2009 201110

15

20

25

30

35

40

45P

erce

nti

le

Country/GroupingMonarchiesGulfAuthoritarian

Data Source: World Bank, World Governance Indicators, 2009

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Page 15: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

MENA: Government Efficiency

1996 2000 2003 2005 2007 2009 201120

25

30

35

40

45

50

55

60

65

70P

erce

nti

le

Country/GroupingMonarchiesGulfAuthoritarian

Data Source: World Bank, World Governance Indicators, 2009

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Page 16: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

MENA: Regulatory Quality

1996 2000 2003 2005 2007 2009 201120

25

30

35

40

45

50

55

60

65

70P

erce

nti

le

Country/GroupingMonarchiesGulfAuthoritarian

Data Source: World Bank, World Governance Indicators, 2009

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Page 17: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

MENA: Rule of Law

1996 2000 2003 2005 2007 2009 201125

30

35

40

45

50

55

60

65

70P

erce

nti

le

Country/GroupingMonarchiesGulfAuthoritarian

Data Source: World Bank, World Governance Indicators, 2009

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Page 18: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

MENA: Control of Corruption

1996 2000 2003 2005 2007 2009 201120

30

40

50

60

70

80P

erce

nti

le

Country/GroupingMonarchiesGulfAuthoritarian

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Page 19: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

MENA: Index of Economic Freedom

1995 1997 1999 2001 2003 2005 2007 2009 2011 201345

50

55

60

65

70

75

80O

ve

rall

Sc

ore

Overall IndexOther MonarchiesGulf MonarchiesAuthoritarian

Data Source: World Bank, World Governance Indicators, 2009

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Page 20: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

MENA: Entrepreneurship

• Large public sector has bred a lack of economic dynamism in region – further setting back employment

• World Bank found (2010) that MENA has some of the lowest firm entry density rates in the world

• Suggests a lack of entrepreneurship with rate almost four times lower than of Europe and Central Asia

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Page 21: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

MENA: Ease of Doing Business

• Region generally scores very low on World Bank’ Ease of Doing Business Index – even lower after 2011 – yet the private sector will have to create most of the jobs.

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Page 22: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Social Capital• There are a number of interesting patterns associated

with the region’s governance.

• An often neglected aspect is social capital which incorporates

• Social networks and

• The cohesion a society experiences when people trust one another

• Empirical studies on social capital have found that societies with lower levels of social capital have experienced lower rates of economic growth

• Unlike physical capital, social capital may take years to show significant increases

• For the MENA region, low levels of social capital are closely associated with low levels of governance and entrepreneurship

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Page 23: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Patterns of Governance/Social Capital

Egypt

Tunisia

Yemen

Morocco

Saudi Arabia

Jordan

Syria

Kuwait

Iraq

0 20 40 60 80 100 120 140

Ranking -- Legatum Social Capital (1 highest, 142 lowest)

0

20

40

60

80

100

120

140

Ran

kin

g -

- L

egat

um

Go

vern

ance

(1

hig

hes

t, 1

42 lo

wes

t)

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Page 24: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Patterns of Social Capital/Entrepreneurship

Egypt

TunisiaYemen

MoroccoSaudi Arabia

Jordan

Syria

Kuwait

Iraq

0 20 40 60 80 100 120 140

Ranking -- Legatum Entrepreneurship (1 highest, 142 lowest)

0

20

40

60

80

100

120

140R

anki

ng

--

Leg

atu

m S

oci

al C

apit

al (

1 h

igh

est,

142

low

est)

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Page 25: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Governance/Oil Curse

Iraq

Iran

Venezuela

Nigeria

Saudi Arabia

Russia

Angola

Mexico

Indonesia

UAE

Azerbaijan

Kuwait

ChadSudan

0 20 40 60 80 100 120 140

Ranking -- Legatum Economy (1 highest, 142 lowest)

0

20

40

60

80

100

120

140

(Classic Oil Curse)

(Oil Blessing)

(Partial Oil Curse)

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Page 26: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Asia Governance: Voice and Accountability

26

1996 2000 2003 2005 2007 20090

10

20

30

40

50

60

70

80

90V

oic

e an

d A

cco

un

tab

ilit

y (p

erce

nti

le)

CountryChinaJapanSouth KoreaIndonesiaVietnam

Source: World Bank, Worldwide Governance Indicators, 1996-2010

Reflects perceptions of the extent to which a country's citizens are able to participate in selecting their government, as well as freedom of expression, freedom of association, and a free media.

Page 27: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Asia: Political Stability Absence of Violence

1996 2000 2003 2005 2007 20090

10

20

30

40

50

60

70

80

90

Po

litic

al S

tab

ility

/Ab

sen

ce o

f V

iole

nce

(p

erce

nti

le)

CountryChinaJapanSouth KoreaIndonesiaVietnamSource: World Bank, Worldwide Governance Indicators, 1996-2010

Reflects perceptions of the likelihood that the government will be destabilized or overthrown by unconstitutional or violent means, including politically-motivated violence and terrorism.

27

Page 28: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Asia: Government Effectiveness

1996 2000 2003 2005 2007 200920

30

40

50

60

70

80

90

100

Go

ve

rnm

en

t E

ffe

cti

ve

ne

ss

(p

erc

en

tile

)

CountryChinaJapanSouth KoreaIndonesiaVietnam

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Page 29: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Asia: Regulatory Quality

1996 2000 2003 2005 2007 200920

30

40

50

60

70

80

90

Re

gu

lato

ry Q

ua

lity

(p

erc

en

tile

)

CountryChinaJapanSouth KoreaIndonesiaVietnam

29

Page 30: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Asia: Rule of Law

1996 2000 2003 2005 2007 200920

30

40

50

60

70

80

90

100

Ru

le o

f L

aw

(p

erc

en

tile

)

CountryChinaJapanSouth KoreaIndonesiaVietnam

30

Page 31: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Asia: Control of Corruption

1996 2000 2003 2005 2007 20090

10

20

30

40

50

60

70

80

90

100C

on

tro

l of

Co

rru

pti

on

(p

erce

nti

le)

CountryChinaJapanSouth KoreaIndonesiaVietnamSource: World Bank, Worldwide Governance Indicators, 1996-2010

Reflects perceptions of the extent to which public power is exercised for private gain, including both petty and grand forms of corruption, as well as "capture" of the state by elites and private interests.

31

Page 32: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Asia: Overall Economic Freedom

1995 1997 1999 2001 2003 2005 2007 2009 201135

40

45

50

55

60

65

70

75

Ov

era

ll E

co

no

mic

Fre

ed

om

Sc

ore

CountryChinaJapanSouth KoreaIndonesiaVietnam

Source: Heritage House Index of Economic Freedom, 2012

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Page 33: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Asian Trade Freedom

33

1995 1997 1999 2001 2003 2005 2007 2009 201120

30

40

50

60

70

80

90

Tra

de

Fre

ed

om

Sc

ore

CountryChinaJapanSouth KoreaIndonesiaVietnam

Source: Heritage House Index of Economic Freedom, 2012

Page 34: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Asian Total Economic Freedom

34

1995 1997 1999 2001 2003 2005 2007 2009 201135

40

45

50

55

60

65

70

75

Ove

rall

Eco

no

mic

Fre

edo

m S

core

CountryChinaJapanSouth KoreaIndonesiaVietnam

Source: Heritage House Index of Economic Freedom, 2012

Page 35: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Asian Governance: Total Dimensions

35

1996 2000 2003 2005 2007 200920

30

40

50

60

70

80

90

Su

m:

To

tal G

ove

rnan

ce D

imen

sio

ns

(per

cen

tile

)

CountryChinaJapanSouth KoreaIndonesiaVietnamSource: World Bank, Worldwide Governance Indicators, 1996-2010

Page 36: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Africa: Progress in Voice and Accountability

36

1996 2000 2003 2005 2007 20090

10

20

30

40

50

60

70

80V

oic

e a

nd

Acco

un

tab

ilit

y (

perc

en

tile

)

Country/GroupingNigeriaSouth AfricaEgyptLibyaKenyaGhana

Page 37: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Africa: Progress in Political Stability, Absence of Violence

37

1996 2000 2003 2005 2007 20090

10

20

30

40

50

60

70

80

Country/GroupingNigeriaSouth AfricaEgyptLibyaKenyaGhana

Page 38: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Africa: Progress in Government Effectiveness

38

1996 2000 2003 2005 2007 20090

10

20

30

40

50

60

70

80G

ove

rnm

ent

Eff

ecti

ven

ess

(per

cen

tile

)

Country/GroupingNigeriaSouth AfricaEgyptLibyaKenyaGhana

Page 39: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Africa: Progress in Regulatory Quality

39

1996 2000 2003 2005 2007 20090

10

20

30

40

50

60

70

80

Country/GroupingNigeriaSouth AfricaEgyptLibyaKenyaGhana

Page 40: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Africa: Progress in Rule of Law

40

1996 2000 2003 2005 2007 20090

10

20

30

40

50

60

Country/GroupingNigeriaSouth AfricaEgyptLibyaKenyaGhana

Page 41: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Africa: Progress in Control of Corruption

41

1996 2000 2003 2005 2007 20090

10

20

30

40

50

60

70

80

Country/GroupingNigeriaSouth AfricaEgyptLibyaKenyaGhana

Page 42: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Africa: Progress in Economic Freedom

42

1995 1997 1999 2001 2003 2005 2007 2009 201125

30

35

40

45

50

55

60

65

70

Ov

era

ll I

nd

ex

of

Ec

on

om

ic F

ree

do

m

Country/GroupingNigeriaSouth AfricaEgyptLibyaKenyaGhana

Page 43: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Africa Groupings: Voice and Accountability

1996 1998 2000 2002 2003 2004 2005 2006 2007 20085

10

15

20

25

30

35

40

45

50

Vo

ice

and

Acc

ou

nta

bili

ty (

per

cen

tile

)

Country/GroupingOilMineralCostalLandlockedNorthernChina

43

Page 44: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Africa Groupings: Political Stability Absence of Violence

1996 1998 2000 2002 2003 2004 2005 2006 2007 200815

20

25

30

35

40

45

50

Po

litic

al S

tab

ility

, Ab

sen

ce o

f V

iole

nce

(p

erce

nti

le)

Country/GroupingOilMineralCostalLandlockedNorthernChina

44

Page 45: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Africa Groupings: Government Effectiveness

1996 1998 2000 2002 2003 2004 2005 2006 2007 200810

20

30

40

50

60

70

Go

vern

men

t E

ffec

tive

nes

s (p

erce

nti

le)

Country/GroupingOilMineralCostalLandlockedNorthernChina

45

Page 46: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Africa Groupings: Regulatory Quality

1996 1998 2000 2002 2003 2004 2005 2006 2007 200815

20

25

30

35

40

45

50

55

Reg

ula

tory

Qu

alit

y (p

erce

nti

le)

Country/GroupingOilMineralCostalLandlockedNorthernChina

46

Page 47: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Africa Groupings: Rule of Law

1996 1998 2000 2002 2003 2004 2005 2006 2007 20085

10

15

20

25

30

35

40

45

50

Ru

le o

f L

aw (

per

cen

tile

)

Country/GroupingOilMineralCostalLandlockedNorthernChina

47

Page 48: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

African Groupings: Control of Corruption

1996 1998 2000 2002 2003 2004 2005 2006 2007 200810

15

20

25

30

35

40

45

50

55

Co

ntr

ol o

f C

orr

up

tio

n (

per

cen

tile

)

Country/GroupingOilMineralCostalLandlockedNorthernChina

48

Page 49: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Latin America: Voice and Accountability

1996 2000 2003 2005 2007 20090

10

20

30

40

50

60

70

80

90V

oic

e an

d A

cco

un

tab

ilit

y (p

erce

nti

le)

CountryArgentinaBrazilMexicoVenezuelaColombiaCubaChile

Source: World Bank, Worldwide Governance Indicators, 1996-2010

Reflects perceptions of the extent to which a country's citizens are able to participate in selecting their government, as well as freedom of expression, freedom of association, and a free media.

49

Page 50: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Latin America: Political Stability Absence of Violence

1996 2000 2003 2005 2007 20090

10

20

30

40

50

60

70

80

90

Po

liti

cal

Sta

bil

ity/

Ab

sen

ce o

f V

iole

nce

(p

erce

nti

le)

CountryArgentinaBrazilMexicoVenezuelaColombiaCubaChile

Source: World Bank, Worldwide Governance Indicators, 1996-2010

Reflects perceptions of the likelihood that the government will be destabilized or overthrown by unconstitutional or violent means, including politically-motivated violence and terrorism.

50

Page 51: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Latin America: Government Effectiveness

1996 2000 2003 2005 2007 200910

20

30

40

50

60

70

80

90G

ove

rnm

ent

Eff

ecti

ven

ess

(per

cen

tile

)

CountryArgentinaBrazilMexicoVenezuelaColombiaCubaChile

Source: World Bank, Worldwide Governance Indicators, 1996-2010

Reflects perceptions of the quality of public services, the quality of the civil service and the degree of its independence from political pressures, the quality of policy formulation and implementation, and the credibility of the government's commitment to such policies.

51

Page 52: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Latin America: Rule of Law

1996 2000 2003 2005 2007 20090

10

20

30

40

50

60

70

80

90R

ule

of

Law

(p

erce

nti

le)

CountryArgentinaBrazilMexicoVenezuelaColombiaCubaChile

Source: World Bank, Worldwide Governance Indicators, 1996-2010

Reflects perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence.

52

Page 53: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Latin America: Control of Corruption

1996 2000 2003 2005 2007 20090

10

20

30

40

50

60

70

80

90

100C

on

tro

l o

f C

orr

up

tio

n (

per

cen

tile

)

CountryArgentinaBrazilMexicoVenezuelaColombiaCubaChile

Source: World Bank, Worldwide Governance Indicators, 1996-2010

Reflects perceptions of the extent to which public power is exercised for private gain, including both petty and grand forms of corruption, as well as "capture" of the state by elites and private interests.

53

Page 54: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Latin America: Total Economic Freedom

1995 1997 1999 2001 2003 2005 2007 2009 201135

40

45

50

55

60

65

70

75

80

Ov

era

ll E

co

no

mic

Fre

ed

om

Sc

ore

CountryArgentinaBrazilMexicoVenezuelaColombiaChile

Source: Heritage House Index of Economic Freedom, 2012

54

Page 55: NS4053 Winter Term 2014 Country/Region Indices. Country Indices/Rankings I There are a number of organizations that provide rankings of countries based.

Latin America: Trade Freedom

1995 1997 1999 2001 2003 2005 2007 2009 201150

55

60

65

70

75

80

85

90

Tra

de

Fre

ed

om

Sc

ore

CountryArgentinaBrazilMexicoVenezuelaColombiaChile

55