Quality of the Rule of Law, Where can People Trust Law More?

By Garvit Vyas , 14 April, 2023

Rule of law is one of the main criteria with which societies and states are measured in terms of their governance functionality. The Rule of Law Index by the World Bank, Finland has been ranked highest, and Venezuela ranked lowest in 2021 when it discusses the quality of the rule of law.

The reports reveals, 4.4 billion people live in such countries where rule of law is declining. According to the reports, the index is based on a survey on the meta-analysis of different data points measuring a country's actual rule of law. If we take an example of the prevalence of crime and violence, the strength of contract enforcement and property rights or trust in police and courts. New Zealand and Singapore are ranked among the top 5 countries and territories. The United States ranked 24th worldwide.

Israel also received a satisfactory score when the index was published in 2021. Israel is where the protests against the government’s judicial reform are also intensifying success in achieving fair scores. At an index of 0.94 points, it ranked much behind many western European and other developed nations. But at the same time, quite far ahead of many countries in Eastern Europe, including Poland and Southern Europe. Greece has index points of 0.35, Spain with 0.88 points, and Italy with 0.27 points received lower scores.

Continuous   Spreading Declines in Rule of Law

Latest News

Continuous   Spreading Declines in Rule of Law
Nuclear Technology in Oil and Gas Industry to Reduce Emissions

Globally, nations are finding ways to reduce environmental emissions to achieve the goals of clean energy transitions. The transition goals are set to be completed by the end of 2050. Therefore, economies are taking necessary steps to integrate…

Read More

Continuous   Spreading Declines in Rule of Law
Artificial Intelligence Enhances the Functioning of Data Centers

Artificial intelligence plays a pivotal role in the tech industry. There is continuous demand for artificial intelligence (AI) in the tech sectors to improve their work. In 2024, the tech industries expect reliable power supply in the tech sector for…

Read More

Continuous   Spreading Declines in Rule of Law
United States Biofuel Market to Dominate the Energy Market

The biofuel market is expanding significantly with the green energy transition process in 2024. Countries worldwide are contributing in various ways to level up the process of the transition to clean energy. Biofuel production is targeted to aid the…

Read More

Continuous   Spreading Declines in Rule of Law
Biodiesels to Recycle Gold in Place of Fossil Fuels

Recycling precious metals is growing nowadays with the transition to clean energy. The transformation requires the usage of renewables to increase efficiency. Gold is an essential metal widely used in electronics, aerospace, and other industries…

Read More

Continuous   Spreading Declines in Rule of Law
Gasoline Prices to Rise in Summer 2024

The oil and gas industry has witnessed various changes since the beginning of 2024. The countries worldwide are experiencing oil shortages due to geopolitical crises between major oil-producing nations. However, gasoline prices are expected to…

Read More

Author Pic
Garvit Vyas

Analyst