Pakistan is ranked 86 out of 97 countries in an International Property Rights Index (IPRI). The IPRI shows a strong and significant relationship between IPRI scores and GDP per capita. A seminar on ‘Rights to Property and Pakistani State’ conducted by Policy Research Institute of Market Economy (PRIME), highlighted the condition of property rights in Pakistan in the context of release of International Property Rights Index 2014 report.
The IPRI examines the relationship between property rights protections and economic production which shows a strong and significant relationship between IPRI scores and GDP per capita and has focussed on 97 out of 131 countries. The report covers Legal and Political Environment (LP), Physical Property Rights (PPR), and Intellectual Property Rights (IPR) as sub-component of the IPRI score. The report ranks countries on 10 factors reflecting LP, PPR, and IPR. A separate measurement Gender Equality (GE) Measure is also used for women.
Pakistan is ranked at 86 out of 97 countries, the South Asian countries are as, India at 46, Sri Lanka at 59, Nepal at 78, and Bangladesh at 96 while Malaysia at 27 and Turkey at 44th rank. The index shows that the countries in top quintile have per capita twelve times that of bottom quintile.
A case study about access to information for women in titled, ‘Women Empowerment and IPRI’s Gender Equality Measure Case Study: District Charsadda and Peshawar, Pakistan’ by Dr. Raza Ullah is included in the report.
The results indicate one of the important factors for women empowerment is access to land but is not effectively provided to them. In addition, other factors involved in the failure to empower women and secure their property rights are male attitudes towards women, corruption, organizational gender desensitization, access to finance, and procedural complications. Women’s social rights have significant impact on their lives to make decisions in the family, maintain favourable social status and others. Freedom of movement is a determining factor in women empowerment
Speaking on the occasion Mr Ali Salman, Executive Director PRIME said that the most important deficit which Pakistan faces today is neither budget nor trade deficit, it is the institutional deficit. Testimony is provided by various indices measuring institutional environments. Considering that India and Pakistan are comparable countries by virtue of human development and per capita income, the stark gap between the two countries on property rights indicate the institutional deficit of Pakistan, which is likely to further retard chances of both economic and social development. Pakistan’s relative position on another pro-institutional index, Economic Freedom of the World Index, also confirms the hypothesis of institutional deficit.
The study has been supported by Friedrich Naumann Foundation for Freedom.
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