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    Sad to see Ukraine ranked as "Repressed," but certainly not surprised. 

    Much more information about the Index can be found here: 2014 Index of Economic Freedom

    From the Index of Economic Freedom site:

    About The Index

    For much of human history, most individuals have lacked economic freedom and

    opportunity, condemning them to poverty and deprivation.

    Today, we live in the most prosperous time in human history. Poverty,

    sicknesses, and ignorance are receding throughout the world, due in large

    part to the advance of economic freedom. In 2014, the principles of economic

    freedom that have fueled this monumental progress are once again measured in

    the Index of Economic Freedom, an annual guide published by The Wall Street

    Journal and The Heritage Foundation, Washington’s No. 1 think tank.

    This year marks the 20th anniversary of the Index of Economic Freedom. With

    its user friendly format and straight-forward analysis, readers can track up

    to two decades of advancement in economic freedom, prosperity, and


    The Index covers 10 freedoms – from property rights to entrepreneurship – in

    186 countries.


    How does The Heritage Foundation measure economic freedom?

    We measure economic freedom based on 10 quantitative and qualitative

    factors, grouped into four broad categories, or pillars, of economic


    1.Rule of Law (property rights, freedom from corruption);

    2.Limited Government (fiscal freedom, government spending);

    3.Regulatory Efficiency (business freedom, labor freedom, monetary freedom);


    4.Open Markets (trade freedom, investment freedom, financial freedom).

    Each of the ten economic freedoms within these categories is graded on a

    scale of 0 to 100. A country’s overall score is derived by averaging these

    ten economic freedoms, with equal weight being given to each. More

    information on the grading and methodology can be found in the appendix.

    From Wikipedia – The Heritage Foundation

    The Heritage Foundation is an American conservative think tank based in

    Washington, D.C. Heritage's stated mission is to "formulate and promote

    conservative public policies based on the principles of free enterprise,

    limited government, individual freedom, traditional American values, and a

    strong national defense".



    Mostly Free

    Czech Republic (26)

    Moderately Free

    Macedonia (43)

    Poland (50)

    Slovakia (57)

    Bulgaria (61)

    Montenegro (68)

    Slovenia (74)

    Croatia (87)

    Mostly Unfree

    Serbia (95)

    Bosnia and Herzegovina (101)

    Russia (140)

    Belarus (150)


    Ukraine (155)



    1. Hong Kong   
    2. Singapore   
    3. Australia     
    4. Switzerland
    5. New Zealand 
    6. Canada     

    (USA (12) Mostly Free)

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