Economic Freedom Of The World 1975 1995

Derives an indicator for economic freedom based on personal choice, protection of private property, and freedom of exchange. Considers levels and trends in economic freedom, and their correlation with economic growth in 103 countries.

The World Survey of Economic Freedom re-ports on eighty-two nations in the Americas, Western Europe, Central East Europe, and NIS (Newly Independent States), Asia, the Middle East, and Africa surveyed by Freedom House during 1995. For each nation, background information is provided, as well as answers to questions about freedom to hold property, to earn a living, to operate a business, to invest one's earnings, to trade internationally, to participate in a market economy, and freedom from unreasonable government interference in the economy. By focusing attention on nations in which economic freedom is denied, and in which individuals are not free to buy, sell, and trade in a market economy, this Freedom House survey advances the cause of democracy.

This is the ninth edition of the annual report, Economic Freedom of North America. The results of this year's study confirm those published in the previous eight editions: economic freedom is a powerful driver of growth and prosperity. Those provinces and states that have low levels of economic freedom continue to leave their citizens poorer than they need or should be.

The index published in Economic freedom of the world measures the degree to which the policies and institutions of countries are supportive of economic freedom. The cornerstones of economic freedom are personal choice, voluntary exchange, freedom to compete, and security of privately owned property.