Armenia 32nd In The Of Economic Freedom

ARMENIA 32ND IN THE OF ECONOMIC FREEDOM

armradio.am
07.09.2007 17:06

Armenia has been ranked 32nd in the 2007 Index of Economic Freedom,
which measures and ranks 161 countries across 10 specific freedoms,
things like tax rates and property rights.

Armenia is an absolute leader in the South Caucasian region. With
the same number of points Armenia shares the leading position with
Kazakhstan over the CIS territory.

Among the post-Soviet states Estonia has the freest economy and
occupies the 8th position. Russia is 112th.

The investigation of economic freedoms was carried out by American
economist, Professor James Gwartney Robert Lawson.