Wednesday, July 11, 2007

Mixed results for Americas in World Bank report

Latin American countries are either improving or failing in their governance according to a report released by the World Bank. Despite little change in average global governance the report praised Chile whose rating nearly equaled that of the U.S. Also, the report noted Colombia has having improved significantly, and high marks for Costa Rica and Uruguay in several categories.

On the other hand, the report claimed that Venezuela and Bolivia have undergone “significant declines” in governance, thus echoing comments by then-nominee for the World Bank presidency Robert Zoellick.

The World Bank’s “Worldwide Governance Indicators report can be read here (as a PDF document).

Sources- Guardian UK, International Herald Tribune, World Bank, The Latin Americanist

Image- Beerkens’ Blog

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