The Rule of Law Index was prepared by the World Justice Project -an organization partly funded by the Bill and Melinda Gates Foundation (created by computer entrepreneur Bill Gates) that regularly reviews compliance with the rule of law and access to independent justice in the world
Venezuela is viewed as the worst government in the world in accountability and effective checks by its citizens, according to the Rule of Law Index -an annual survey on rule of law around the world released on Monday by the World Justice Project, a US institution.
Venezuela is "the worst performer in the world in accountability and effective checks on the executive power," said the report entitled Rule of Law Index around the World prepared by the World Justice Project, AFP reported.
This organization, which is partly funded by the Bill and Melinda Gates Foundation (created by computer entrepreneur Bill Gates) regularly reviews compliance with the rule of law and access to independent justice in the world
In Venezuela "corruption is widespread (ranking 54 out of 61 countries), crime and violence are common (ranking 64), government institutions are not transparent and the judiciary system is ineffective and subject to political influence (ranks last, 66.)".
"Venezuela ranks relatively well in terms of religious freedom (ranking 15th), accessibility of the civil courts (ranking 21st), and protection of labor rights (ranking 27th).
"The country also displays serious flaws in guaranteeing respect for fundamental rights, in particular, freedom of opinion and expression, and the right to privacy," the text added.
Following a wave of nationalizations carried out by the late President Hugo Chavez between 2007 and 2012, Venezuela has become the second most frequent respondent to investment treaty arbitration in the world (38 cases in total), after Argentina.