Uruguay Property Partnership

Bienes raíces a medida

  • House
  • Apartment
  • Farm
  • Land
  • Get in Touch!
(+598) 99893420
Uruguay Property Partnership

Bienes raíces a medida

  • House
  • Apartment
  • Farm
  • Land
  • Get in Touch!
(+598) 99893420
Uruguay Property Partnership

Bienes raíces a medida

  • House
  • Apartment
  • Farm
  • Land
  • Get in Touch!
(+598) 99893420

Nachrichten

Search
Uruguay top in Latin America for combating corruption

Uruguay top in Latin America for combating corruption

By

Uruguay Property

Posted in Investments in Uruguay, Laws and Regulations, living and working in Uruguay On June 11, 2020

Uruguay and Chile are the two Latin American countries most capable of combating corruption according to the newly published Capacity to Combat Corruption (CCC) Index which placed Bolivia and Venezuela at the bottom of the list.

Uruguay Scored 1.21 points above the next runner up, Chile, CCC index’s scale. (Source: Wikimedia Commons)
The Index was put together jointly by the Americas Society/Council of the Americas (AS/COA) and the global risk and strategic consulting firm Control Risks after they examined 15 nations in Central and South America as well as the Dominacan Republic in the Carribean.The countries were gauged by their legal capacity to fight corruption, the strength of their democratic and political institutions and finally the ability of non-governmental civil institutions, such as the press and investigative media, to instigate change.

Though corruption has long plagued Latin America, the group only began publishing the CCC index in 2015 in response to an upswell in anti-corruption efforts across the region.

“Starting around 2015, we began witnessing something new: from Brazil’s Lava Jato to Guatemala’s La Línea, anti-corruption operations targeted members of political and business elites previously treated as untouchables,“ said Roberto Simon, Senior Director of Policy at AS/COA and Geert Aalbers, Partner at Control Risks.“These major investigations emerged at the same time not by coincidence, but because they were the result of common, deep and systemic changes. Key Latin American countries developed an environment conducive, for the first time, to better tackle corruption,” Simon and Aalbers said in their publication.However, the two fear that the trend may be coming to a premature end, spurred on by the COVID-19 pandemic.

“Latin America started to experience enforcement fatigue. Attention shifted to economic issues and social rights, which were at the forefront of massive protests in several countries in late 2019,” they said.“Having voted a large number of self-declared anti-corruption crusaders into government offices, many Latin Americans also felt ready to move on to focus on other priorities. And then the pandemic hit,” they explained.

Uruguay, beat out the rest of the region by a significant margin in all categories. Overall the South American nation scored 7.78 points out of ten, followed by runner-up Chile with 6.57.

“The reasons for Uruguay’s success range from strong enforcement mechanisms across the public sector and well established democratic institutions to an active civil society and a vigilant press,” the CCC Index said.“Also, the country’s size and higher level of development represent unique advantages compared to its Latin American peers,” it stated.

Uruguay particularly stood out in terms of it’s legal capacity to tackle corruption, with the highest score in all subcategories. While the country has historically been a hub for money laundering, since 2018 the state has worked on bolstering it’s anti-money laundering apparatus.

In contrast, the lowest performing country on the list is Venezuela which, with an overall score of 1.52, kept a similar distance from next lowest, Bolivia, as Uruguay from runner-up Chile.

Source:occrp.org

Share

Leave a Reply

You must be logged in to post a comment.

Search

Categorias

Tags

agribusiness Beaches and Tourism Buy house in Uruguay for foreigners Digital Transformation High-Yield Investment Hospitality Invest in Uruguay Investment Strategy José Ignacio Maldonado property Property Investment PropTech Punta del Este Quality of Life Real Estate Trends remote property purchase Uruguay renewable energy South America sustainability Sustainable Development Turismo 4.0 Uruguay Uruguay 11-year tax holiday Uruguay closing costs expat Uruguay property buying fees expat Uruguay tax residency property investment Vacation Rentals
Uruguay Property Partnership

Zones

  • Punta del Este
  • Playa Mansa
  • Playa Brava
  • Maldonado
  • Península
  • Punta Ballena
  • Manantiales
  • Laguna del Sauce

Contact

Chalet ' Valle Arriba', Pda. 36, Octante y Sagitario, Punta del Este, Uruguay

+598 99893420

info@uruguayproperty.com

Rent, buy or sell properties in Uruguay

Uruguay Property is a boutique, multi-lingual property company with 18 years of bespoke real estate experience with a proactive, go-ahead vision and a profound vocation for client service. We specialize in sales and rentals of beach villas, houses, apartments, country estates & farms and agricultural land. Thanks to our multicultural experience working for many years in TV, diplomacy, in relocation of executives in Europa, Asia and the Americas, we have gained an immense capacity to interpret the selling or buying and investment objectives of our clients with comprehensive, value added advice. Our objective is to maintain the highest reputation with the integrity of our extensive services. Thanks to this, our clients always return and recommend us. We work according to our paradigm: think globally, act locally.

© 2018. All Rights Reserved.

|
  • enEnglish
    • esEspañol
    • deDeutsch
Uruguay Property Partnership
  • Iniciar sesión
¿Olvido su contraseña?

  • English
  • Español (Spanish)
  • Deutsch (German)