Dataset by Country of the Economic Freedom of the World Annual Report that 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 enter markets and compete, an...
The main model of economic freedom on financial stability is measured by ZSCORE and NPL, which include all sample banks in the first stage. This study also explores the effect base on different ownership type and size of the bank in the second and third stage, respectively. In addition, ...
Our measure of economic freedom comes from the “Economic Freedom of the World (EFW)” index (Gwartney et al. 2019). This is the most widely used index of economic freedom and is generally considered to be the best because it covers all major aspects of economic freedom, uses data from ...
The impact of economic freedom on income inequality has been inconclusive in the literature. Previous studies also show the importance of economic freedom in boosting economic development, whereas the Kuznets curve theory indicates the inverted U-shaped relationship between economic development and income ...
Economic Freedom of the World index; Index of Economic Freedom; rank-size law technique; power law behaviour; exponential behaviour 1. Introduction Numerous empirical studies [1] pretend to show that Economic Freedom (EF) favours economic growth, prosperity, poverty reduction, and has many other ...
Figure 2. Average Economic Freedom Index of countries during the study period. (Source: Authors’ presentation based on the Economic Freedom Index data collected from the Fraser Institute—www.fraserinstitute.org/studies/economic-freedom-of-the-world-2020-annual-report, accessed on 5 May 2022). ...
Worldwide Survey time period Second half of 2022 and first half of 2023 Supplementary notes * The Index of Economic Freedom measures the degree of economic freedom in a country on a scale from 0 to 100, based on four complex sets of indicators. The sets of indicators are: Rule of Law ...
In the authoritarian oligopolies such as Russia, Turkey, China, etc, personal freedoms are restricted, and no pretense of freedom of the press even exists. There is no choice of government by the people, and the government system is conducted under the illusion of communism. ...
On a scale of 0 to 10, where 10 represents more freedom, the average human freedom rating for 165 jurisdictions fell from 6.98 in 2019 to 6.76 in 2020 and to 6.73 in 2021, and then increased in 2022 to 6.82. On the basis of that coverage, 87.4 percent of the world’s population saw...
Economic freedom indexes Measure Frequency Latest value Reference Time coverage Property rights index (0-100) points 73 2024 annual 1996 - 2024 Definition chart Freedom from corruption index (0-100) points 56 2024 annual 1996 - 2024 Definition chart Fiscal freedom inde...