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ECONOMIC FREEDOMS IN ARMENIA HAVE DETERIORATED FOR 2 POINTS: FRASER INSTITUTE
Tert.am
23.09.10
Leading Canadian think tank Fraser Institute has released its annual
report on economic freedoms of 141 states across the world.
Armenia's positions have deteriorated for two points. In the previous
report Armenia was the 48th in the list but now it is the 50th.
Georgia has dramatically improved its positions (by 20 points) in
terms of economic freedoms. In the 2009 report Georgia was the 43rd
country, but now it is the 23rd in the list.
Turkey, Azerbaijan and Iran are far behind Armenia. Turkey is the 74,
Azerbaijan is the 93 and Iran is the 107th in the list prepared by
Canadian specialists.
The analysis is based on such parameters as size of the government,
legal system and property rights, sound money, and freedom to trade
internationally, regulation, credit market regulation, labor market
regulation and business regulations.
The picture in the European countries is as follows: Untied Kingdom
(10), Estonia (12), Denmark (14), Austria (15), Cyprus (20), Germany
(24), Hungary (28), Serbia (97), Moldova (87), Croatia (87), Macedonia
(72).
Among CIS countries Russia is the 84th, while Ukraine is the 127th.
The top five includes Hong Kong (1), Singapore (2), New Zealand (3),
Switzerland (4) and Chile (5).
From: A. Papazian
Tert.am
23.09.10
Leading Canadian think tank Fraser Institute has released its annual
report on economic freedoms of 141 states across the world.
Armenia's positions have deteriorated for two points. In the previous
report Armenia was the 48th in the list but now it is the 50th.
Georgia has dramatically improved its positions (by 20 points) in
terms of economic freedoms. In the 2009 report Georgia was the 43rd
country, but now it is the 23rd in the list.
Turkey, Azerbaijan and Iran are far behind Armenia. Turkey is the 74,
Azerbaijan is the 93 and Iran is the 107th in the list prepared by
Canadian specialists.
The analysis is based on such parameters as size of the government,
legal system and property rights, sound money, and freedom to trade
internationally, regulation, credit market regulation, labor market
regulation and business regulations.
The picture in the European countries is as follows: Untied Kingdom
(10), Estonia (12), Denmark (14), Austria (15), Cyprus (20), Germany
(24), Hungary (28), Serbia (97), Moldova (87), Croatia (87), Macedonia
(72).
Among CIS countries Russia is the 84th, while Ukraine is the 127th.
The top five includes Hong Kong (1), Singapore (2), New Zealand (3),
Switzerland (4) and Chile (5).
From: A. Papazian