Venezuela among the countries with lower competitiveness index
Due to macroeconomic instability and institutional troubles
Chile is the leader of competitiveness among 18 Latin American countries, based on the Competitiveness Index established in October 2012 by the ADEN Competitiveness Institute. The information was disclosed by the higher studies institution based in Argentina, Efe quoted.
ADEN assesses 10 items to ascertain the index: met basic needs, institutional issues, infrastructure, macroeconomic stability, health, education, people expectation, market competition, efficient labor relations and technology access, the institution listed in a press release.
Venezuela and Bolivia appear at the bottom of the ranking, "with different economic and social realities, yet with common problems of macroeconomic instability and institutional mishaps." Both countries have remained in these positions from the outset of the estimates.
When we look at the issue of human rights in Venezuela and the relevant reports submitted each year, a clear pattern emerges, namely, the impunity following the violation of rights such as freedom of expression, political rights, and the right to life and personal integrity, which has Venezuela consistently ranking among the lowest scorers in assessment indices.