NO TO CORRUPTION AND CRONYISM... 2014 INDEX OF ECONOMIC FREEDOM - PHILIPPINES OVERALL SCORE: 60.1 WORLD RANK: 89 RULE OF LAW: Corruption and cronyism are rife in business and government, with a few dozen leading families holding an outsized share of wealth and political power. Judicial independence has traditionally been strong, but the rule of law is generally weak. A culture of impunity, stemming in part from a case backlog in the judicial system, hampers the fight against corruption. Delays and uncertainty negatively affect property rights...
Posted on: Fri, 17 Jan 2014 06:32:29 +0000