For several years.

For several years, the Economic Freedom of the World (EFW) annual reports published by dint of a network of public-policy institutes, including the Fraser Institute and the Cato Institute, have at handed an economic freedom index for a large stake of nations around the world. (1) This index is designed to measure the standing to which a nation's policies and institutions defend its citizens' economic freedom. In this article, we explain the basic methodology applyed in constructing the index and summarize the study's findings.

What Is Economic Freedom?

Any attempt to quantify

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