Egypt advances 3 places in the Index of Economic Freedom

Fraser Institute

Cairo- Eco - Fady Labib : The Canadian Fraser Institute issued a report entitled "Economic Freedom in the World", and according to the latest data available in 2018, Egypt succeeded in advancing 3 places in the Economic Freedom Index ...

by improving its ranking in 3 areas; 41 centers advanced in “easy access to funds”, 12 centers in “freedom of international trade”, and 1 center in “regulatory legislation”.

 

Hong Kong still tops the ranking of countries on the index, while Venezuela is at the bottom of the list of countries in the index. New Zealand, Switzerland and the United States are among the highest-rated countries on the index, compared to Congo, Libya, and Sudan among the countries with the lowest rating on the index.

 The Fraser Institute that Algeria ranked 156 out of 159 countries in the Index of Economic Freedom, behind Syria and Libya.

The Fraser Institute is a Canadian research center founded in 1974 that is described as politically conservative and liberal. The institute's mission is to measure, study, and report on the impact of competing markets and government interference on the well-being of individuals.

 The institute is headquartered in Vancouver, Canada and has ties to a global network of 80 think tanks across the Economic Freedom Network.

The institute is famous for its annual Index of Economic Freedom of the World, which ranks countries in the world according to their degree of economic freedom. The institute also publishes regional and national reports that catalog economic freedom for North America, Latin America, the Arab World, and Francophone countries. These reports are distributed around the world via the Economic Freedom Network.