According to the report, made public by the Cato Institute, Hong Kong is the leader on economic freedom indicators in the world. It is followed by Singapore, New Zealand, Switzerland and the US. The UK and Ireland are the sixth. The top ten also includes Canada, Island and Luxembourg.
Among the countries of the former USSR Estonia has the highest place – it is the 12th. Latvia and Lithuania are 35th and 40th respectively, while Georgia and Armenia both on the 53rd place, and Azerbaijan is the 83rd. Russia is 102nd, thus it occupies a place lower than most of the former USSR country. The situation with freedom is even worse in Ukraine, which is the 111th. Zimbabwe and Burma are on the last places of the rating of 130 countries.
Cato Institute has been annually publishing the rating of economic freedom of the countries of the world since 1980, reports Lenta.ru.
