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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Sri Lanka ranks high among Asian nations

Sri Lanka ranks high among Asian nations

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1Sri Lanka ranks high among Asian nations Empty Sri Lanka ranks high among Asian nations Mon Apr 22, 2013 3:08 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

Sri Lanka has ranked third among Asian countries in the Democracy Index 2012 report released yesterday.

The Democracy Index, compiled by the UK-based Economist Intelligence Unit, is based on five categories: electoral process and pluralism, civil liberties, the functioning of government, political participation and political culture.

The top five democratic countries in the world are Norway, Sweden, Iceland, Denmark and New Zealand. North Korea comes last among the 167 countries covered by the index.

Sri Lanka has been ranked 89 in the list of top democracies. But it comes better off than most of its neighbours: Bhutan 107, Pakistan 108, Nepal 111 and Afghanistan 152. China is ranked 142. Only India ranked 38 and Bangladesh ranked 84 feature above Sri Lanka in the Asian region.

Although almost one-half of the world’s countries can be considered to be democracies, in the Democracy Index the number of “full democracies” is 25 countries; 54 countries are rated as flawed democracies.

Developed countries dominate among full democracies; only two Asian countries — Japan and South Korea — are ranked among them.

Slightly less than one-half of the world’s population lives in a democracy of some sort; only 11% reside in full democracies. About 2.6 billion people, more than one-third of the world’s population, lives under authoritarian rule (with a large share being, of course, in China).

The US and the UK remain at the bottom end of the full democracies category. The US democracy has been adversely affected by a deepening of the polarisation of the political scene, and political brinkmanship and paralysis. The UK is beset by a deep institutional crisis.

Top 10 democracies

Norway
Sweden
Iceland
Denmark
New Zealand
Australia
Switzerland
Canada
Finland
Netherlands

10 worst democracies

North Korea (rank 167)
Guinea Bissau (rank 166)
Chad
Syria
Saudi Arabia
Turkmenistan
Uzbekistan
Equatorial Guinea
Congo
Iran

Overall democracy score out of 10 among Asian countries

India 7.52
Bangladesh 5.86
Sri Lanka 5.75
Bhutan 4.65
Pakistan 4.57
Nepal 4.16
China 3
Afghanistan 2.48
http://www.priu.gov.lk/news_update/Current_Affairs/ca201304/20130418sl_ranks_high_among_asian_nations.htm

sriranga

sriranga
Co-Admin

Democracy Index 2012

http://sharemarket-srilanka.blogspot.co.uk/

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

We are heading south..!

2010 Sri Lanka scored 6.64
2011 Sri Lanka scored 6.58
2012 Sri Lanka scored 5.58

Mali & Sri Lanka regressed from flawed democracies to hybrid regimes.
(democracies regime > hybrid regime)

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