The Property Rights Alliance (PRA) is proud to announce the release of the 2016 International Property Rights Index (IPRI), the world’s only index entirely dedicated to the measurement of intellectual and physical property rights. Covering 128 countries, the IPRI reports on the property rights systems affecting 98 percent of the world Gross Domestic Product and 93 percent of the world population. The Index will be officially presented on August 10 in New Delhi, India, hosted by the India Property Rights Alliance (IPRA).
You can follow the official IPRI launch at the following link: https://www.youtube.com/watch?v=ewYe2KaX4oA
As a tool for policymakers, business communities, and civic activists, the IPRI highlights the essential role property rights play in creating a prosperous economy.
"Property rights are the linchpin of a prosperous society”
The IPRI scores the underlining institutions of a strong property rights regime: the legal and political environment, physical property rights, and intellectual property rights. In addition, this year the IPRI report examines the robust relationship between property rights and other economic and social indicators of wellbeing including – gender equality, entrepreneurship, research and development, human development, civic activism, and ecological performance.
- Countries leading in property rights have a per capita income 21 times that of those with the weakest regimes
- Property rights have a robust correlation with social and economic indicators such as civic activism, entrepreneurship, educational freedom, and number of full-time researchers