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November 20th, 2012 (InsideCostaRica.com) Costa Rica has replaced Chile as the country with the highest level of “democratic development” in Latin America, according to the 2012 Latin American Democratic Development Index by the Argentinean consulting company Polilat and the Konrad Adenauer Foundation.
In general terms, there is a year-on-year improvement of 7.15% in the region, while for the first time, Costa Rica tops the list, as Venezuela comes in last.
Costa Rica, Chile, and Uruguay are in the “high democratic development” category. In the “medium development” category is Argentina, Brazil, Mexico, Panama and Peru, while in the “low development” category is Colombia, El Salvador, Paraguay and Honduras.
Earning the lowest ranking, “minimum development,” are Nicaragua, Venezuela, Ecuador, Guatemala, Dominican Republic, and Bolivia.
According to the analysts, the democratic improvements in the continent are the result of increased economic prosperity and government programs aimed at reducing poverty.
However, increased economic development has not resulted in a reduction of inequality; rather on the contrary, in some countries that have seen economic growth, inequality seems to have worsened.
The report studies “democratic development” through the analysis of various indicators such as political rights and civil freedom, political efficiency, as well as social and economic development.