Nepal | January 16, 2021

Nepal ranks 97th in property rights index

THT Online
Share Now:
Nepal-IPRI 2016

Nepal ranks 97th in International Property Rights Index.

KATHMANDU: Nepal is ranked 97th among 128 countries in the International Property Rights Index 2016, published by the Washington DC-based Property Rights Alliance.

The report shows that Nepal’s IPRI value increased by 0.3 to a 4.5, placing the Himalayan country 17th in the Asia and Oceania and 97th in the world ranking.

PRA said it collected data from 102 think tanks and policy organisations in 70 countries for the analysis.

Finland remains in first place in the 2016 IPRI (8.38), followed by New Zealand (8.27), Luxembourg (8.26), Norway (8.25) and Switzerland (8.16). New Zealand shows the highest LP score (9.01), followed by Finland (8.87) and Norway (8.75); while Qatar (8.21), Singapore (8.16) and Norway head the PPR scores, and USA (8.63), Japan (8.62) and Finland (8.59) the IPR ones.

Most of the top countries had a high LP score as the strongest IPRI component (though not the case for the U.K. or the U.S.) while the PPR score was less determinative.

On average, the complete sample of 128 countries yielded this year an IPRI score of 5.45, the Legal and Political Environment (LP) being the weakest component with a score of 5.13, followed by the Intellectual Property Rights (IPR) component with a score of 5.33 and Physical Property Rights (PPR) as the strongest component with a score of 5.87, the report said.

At the bottom is the Bolivarian Republic of Venezuela (2.73) followed by Myanmar (2.76), Bangladesh (2.77), Haiti (2.84), Zimbabwe (3.40), Burundi (3.44), Nigeria (3.56), Pakistan (3.68), Moldova (3.72), Mauritania (3.73), Chad (3.74), Lebanon (3.83), Madagascar (3.84), Ukraine (3.93) and Nicaragua (3.98).

 


Follow The Himalayan Times on Twitter and Facebook

Recommended Stories:

More from The Himalayan Times:

Photo Gallery: NC student cadres demonstrate against House dissolution

Kathmandu, January 15 Seen in the pictures below are youth activists affiliated to the main opposition Nepali Congress taking part in a tug of war during a protest against the dissolution of House, in Kathmandu, on Friday. On December 20, PM Oli recommended the dissolution of House of Represen Read More...

Sixth meeting of Nepal-India Joint Commission held in New Delhi

KATHMANDU: The sixth meeting of Nepal-India Joint Commission was held in New Delhi, India on Friday. Nepal's foreign minister and his Indian counterpart Subrahmanyam Jaishankar, Minister of External Affairs of India, co-chaired the meet as leaders of their respective delegations today. In a pr Read More...

From net bowler to test debut, India's Natarajan continues fairytale journey

BRISBANE: T Natarajan's fairytale trip to Australia continued on Friday when the left-arm quick, who arrived as a net bowler, became the first Indian player to make his international debut in all three formats during the same tour. Known for his pinpoint yorkers, which troubled batsmen in the Ind Read More...

Constitutional bench to adjudicate House dissolution case

KATHMANDU, JANUARY 15 The constitutional bench of the Supreme Court led by Chief Justice Cholendra Shumsher JB Rana today ruled that cases field against the dissolution of the House of Representatives would be heard by the same bench continuously from Sunday. The SC passed the order after hear Read More...

At least 42 dead as Indonesia quake topples homes, buildings

MAMUJU, INDONESIA: A strong, shallow earthquake shook Indonesia's Sulawesi island just after midnight Friday, toppling homes and buildings, triggering landslides and killing at least 42 people. More than 600 people were injured by the magnitude 6.2 quake, which sent people fleeing their homes in Read More...

Biden: We'll 'manage the hell' out of feds' COVID response

WILMINGTON, DELAWARE: President-elect Joe Biden pledged Friday to boost supplies of coronavirus vaccine and set up new vaccination sites to meet his goal of 100 million shots in 100 days. It's part of a broader COVID strategy that also seeks to straighten out snags in testing and ensure minority com Read More...

Dahal-Nepal faction to seek clarification from prime minister

KATHMANDU, JANUARY 15 Nepal Communist Party (NCP) led by Pushpa Kamal Dahal and Madhav Kumar Nepal today decided to seek clarification from Prime Minister KP Sharma Oli for acting against the party’s objectives, goals, programmes, and statute. NCP Standing Committee member Bhim Bahadur Rawal Read More...

Rooney stops playing to take Derby manager job permanently

All-time record scorer for England and Manchester United. A haul of 16 trophies. Wayne Rooney's illustrious playing career is over. Former England and United captain has decided it's time to focus on trying to replicate his successes as a striker in management. After taking temporary charg Read More...