Some thirty-six percent of the software installed in 2003 was pirated, costing the software industry about $29 billion, according to a new study by the Business Software Alliance. That percentage was artificially lowered by the United States and Canada, where the rate of piracy is just 23 percent. In "New Europe" -- the region formerly known as "Eastern Europe" -- about 71 percent of installed software was stolen. In other regions, theft rates reported include Latin America (63 percent); Asia/Pacific (53 percent); Middle East and Africa (56 percent); and "Old Europe" (35 percent).