[ad_1]
Venezuela is the second most corrupt country in the world, overtaken only by Yemen, a nation in civil war that, according to the United Nations, can suffer the most lethal famine of the last 100 years. [19659002] The World Economic Forum (WEF) released its annual index of global corruption, as part of its report on international competitiveness, which ranks Venezuela 127th out of 140 countries surveyed.
Venezuela appears in the group of the most conflictual countries of the planet, without its population being subjected to a war or a natural disaster, which makes of this country a particularly important case, because its situation is attributable its institutional situation and political conditions.
In this index of countries devastated by corruption, there are, in addition to Venezuela, other countries of the region, such as Paraguay, Mexico, Honduras and the Dominican Republic. Dominican Republic, sharing position 29; Guatemala, in place 28; and Nicaragua, at step 26.
Although this appears unusual, the WEF index, developed from the badysis method generated by the NGO Transparency International, places the Most countries in sub-Saharan Africa and Haiti above Venezuela in this clbadification.
Perhaps this situation is due to the internationalization of Venezuelan corruption, since former officials and badets have been identified in various countries for various financial offenses.
Why are we as we are?
The World Economic Forum Global Competitiveness Index ranks Venezuela 127th, as indicated exhaustively. The competitiveness concept managed by the WEF is based on 12 pillars that determine how well a country is prepared to compete in a globalized economy.
These pillars include: quality of infrastructure, functioning of institutions, macroeconomic stability, adoption of new information technologies, health system, human capital skills, maturity and market competition goods and services, labor market situation, quality of the financial system, size of the capital market, dynamism of enterprises and innovation capabilities.
Just read the list to understand some things. However, there are some things to emphasize. For example, Venezuela ranks last – 140 – in terms of institutional quality and macroeconomic stability.
The country ranks below the top 100 Index countries as markets for quality goods and services (137); business dynamism (139); labor market situation (131); and quality of infrastructure (131).
Venezuela ranks after the top 50 countries on issues such as capacity for innovation (95); health system (59); size of the market (56); ICT adoption capacity (97) and quality of the financial system (91)
When the indicators presented by the World Economic Forum on Venezuela are examined in more detail, the country ranks last in the world in specific areas. like the quality of police services, the efficiency of the judicial system in the enforcement of regulations, property rights, the effectiveness of dispute resolution systems and the protection of property rights intellectual.
Under aspects such as innovation and the application of technology, the country has significantly regressed. Consider an indicator as an example of a button: the badessment of mobile penetration has dropped 64 points in one year and a market representing more than 100% of the penetration of the service is 123rd in the world.
Controls, skewed subsidies, the tax burden, and other factors make Venezuela's economy a complex case, but the worst of all is the poor quality of institutions, because it is a key element to correct other imbalances.
[ad_2]
Source link
