Tuesday, March 24, 2009

Interesting study: International Property Rights Index

Star Parker recently referenced the International Property Rights Index. The IPRI web site explains the study:

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The 2009 International Property Rights Index (IPRI) is an international comparative study that measures the significance of both physical and intellectual property rights and their protection for economic well-being. In order to incorporate and grasp the important aspects related to property rights protection, the Index focuses on three areas: Legal and Political Environment (LP), Physical Property Rights (PPR), and Intellectual Property Rights (IPR). The current study analyzes data for 115 countries around the globe, representing ninety-six percent of world GDP. Of great importance, the 2009 gauge incorporates data of PR protection from various sources, often directly obtained from expert surveys within the evaluated countries.
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One of the things I found interesting is the United States is ranked 15 out of the 115 nations.

Another interesting thing is on page 31 of the report which shows a strong correlation between strong property rights and increased Gross National Product per Capita.


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Technorati tags: government, property rights

3 comments:

Larry Clemons said...

Thanks for a great blog! I am a member of HSLDA and have kept abreast of some of the legal challenges to homeschooling over the last few years. I will be adding this blog to my weekly must read list.

Thanks again!
http://dadshomeschool.wordpress.com/

Sebastian said...

I remember listening to a presentation on CSPAN books by a gentleman with a lot of experience dealing with Russia. He made the observation that elections were not the be all and end all of a democracy. He held that a functional court system, especially one that defended the rights of property was also an essential element.

Henry Cate said...

Thanks Larry for the kind words. I hope you will contribute to the Carnival of Homeschooling.

Sebastian, I found Lawrence E. Harrison's book Underdevelopment Is a State of Mind, Updated Edition: The Latin American Case a fascinating discussion on what much of Latin America is poor. He also makes the case that democracy is not enough.