FACTOID # 180: Armenia was the first nation to formally adopt Christianity, and today has one of the few Christian cultures to still sacrifice animals on Sunday.
 
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Economy > Macroeconomic environment index (vs) Economy > Economic freedom

VIEW DATA:   Comparison scatterplot  
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Economy > Economic freedom
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2 Economy > Macroeconomic environment index 6

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Note: It will take several minutes to draw this plot the first time you view it. After that all plots should appear much more quickly.
Strength of correlation (R squared): 0.629 (this correlation is potentially significant)

X Axis Y Axis
Variable: Economy > Macroeconomic environment index Economy > Economic freedom
Plot Display: Logarithmic (base 10) Logarithmic (base 10)
Definition: The macroeconomic environment index indicates the quality of the macroeconomic environment of a country. Index of 'economic freedom', according to the American organisation 'The Heritage Foundation'. It is worth noting that such indices are based on highly culturally contingent factors. This data makes a number of assumptions about 'freedom' and the role of the government that are not accepted by much of the world's population. A broad discussion of The Heritage Foundation's definition and methodology can be found at http://www.heritage.org/research/features/index/ChapterPDFs/chapter5.HTML.
Source: World economic forum - Global Competitiveness Report 2004-2005 The Heritage Foundation
Correlations:
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