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Thursday 13  March 008

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Costa Rica Safest Country in Latin America
Even though it is hard to believe, Costa Rica is being called the safest country in Latin America when it comes to security for business executives and multinationals, according to the latest Latin Security Index developed by FTI Consulting Ibero America for Latin Business Chronicle.

The Latin Security Index measures the danger level in Latin America based on homicide rates as well as other factors affecting corporate security and the safety of foreign business executives.

FTI Consulting bases its ratings on official numbers from public security secretariats, local police, governments, NGO's and institutes of crime investigations.

Each country receives rating from 1 to 5 with 1 representing a non-dangerous country and 5 representing a very dangerous country.

Joachim Bamrud, director of the Latin Business Chronicle, said that although Costa Rica has the same score as Chile and Uruguay, the index places Costa Rica as the safest country.

Last year, Chile was given the top spot, meaning that Costa Rica has risen.

Laura Chinchilla, Costa Rica's vice-president, said that the top spot given to Costa Rica in the index is an excellent aspect for foreing investors who are looking at Costa Rica for expansion.

"Notwitstanding, we cannot drop our guard, as criminal indicators show rapid growth and we cannot have a drop in the index in the future", said Chinchilla.

Fernando Berrocal, the ministro de Seguridad, explained that his ministry is making great efforts to give police the resources they need to fight the rise in crime.

"There are still many things missing, not everything is well, but were making strong efforts to combat drug trafficking and organized crime", said Berrocal.

The index placed Nicaragua as the second most security country in Central America, while the rest of the Central American countries were classed as highly dangerous.

Brazil and Mexico, two countries with the largest economies in Latin America, were a score of 4 points in the index, equaling last years score.

Haiti is classed as the most dangerous country in Latin America, receiving a score of 5.


 
 

 

 

 
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