Eastern Europe Compared by Economy > Economic freedom
DEFINITION:
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.
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Interesting observations about Economy > Economic freedom
- Australia ranked first for economic freedom amongst Christian countries in 2013.
- Hong Kong ranked first for economic freedom amongst Hot countries in 2013.
- Switzerland ranked first for economic freedom amongst Europe in 2013.
- Denmark ranked first for economic freedom amongst European Union in 2013.
- Bahrain ranked first for economic freedom amongst Muslim countries in 2013.
- Canada ranked first for economic freedom amongst NATO countries in 2013.
- Chile ranked first for economic freedom amongst Emerging markets in 2013.
- Singapore ranked first for economic freedom amongst Former British colonies in 2013.
- Ireland ranked first for economic freedom amongst Eurozone in 2013.
- Madagascar ranked first for economic freedom amongst Former French colonies in 2013.
