Index2008 - 2008 Index of Economic Freedom Contributors...

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2008 Index of Economic Freedom
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Contributors Ambassador Terry Miller is Director of the Center for International Trade and Economics at The Heritage Foundation. Kim R. Holmes, Ph.D., is Vice President for Foreign and Defense Policy and Director of the Kathryn and Shelby Cullom Davis Institute for International Studies at The Heritage Foundation. Edwin J. Feulner, Ph.D., is President of The Heritage Foundation. Mary Anastasia O’Grady is a member of the Editorial Board of The Wall Street Journal and Editor of the Journal ’s “Americas” column. William W. Beach is Director of the Center for Data Analysis at The Heritage Foundation. Paul A. Gigot is Editor of The Wall Street Journal Editorial Page. Anthony B. Kim is a Policy Analyst in the Center for International Trade and Economics at The Heritage Foundation. Daniella Markheim is Jay Van Andel Senior Trade Policy Analyst in the Center for Interna- tional Trade and Economics at The Heritage Foundation. Stephen L. Parente is Associate Professor of Economics at the University of Illinois at Urbana–Champaign. James M. Roberts is Research Fellow for Economic Freedom and Growth in the Center for International Trade and Economics at The Heritage Foundation. Carl J. Schramm is President and CEO of the Ewing Marion Kauffman Foundation. Guy Sorman is a French journalist and author. Caroline Walsh is a Research Assistant in the Center for International Trade and Economics at The Heritage Foundation. Tim Kane, Ph.D., is former Director of the Center for International Trade and Economics at The Heritage Foundation.
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2008 Index of Economic Freedom Kim R. Holmes, Ph.D. Edwin J. Feulner, Ph.D. Mary Anastasia O’Grady with Anthony B. Kim, Daniella Markheim, and James M. Roberts
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Copyright © 2008 by The Heritage Foundation and Dow Jones & Company, Inc. The Heritage Foundation The Wall Street Journal 214 Massachusetts Avenue, NE Dow Jones & Company, Inc. Washington, DC 20002 200 Liberty Street (202) 546-4400 New York, NY 10281 heritage.org (212) 416-2000 www.wsj.com Cover images by iStockphoto, World Bank ISBN: 978-0-89195-276-3 ISSN: 1095-7308
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v Table of Contents Foreword ................................................................................................................................................ ix Paul A. Gigot Preface ..................................................................................................................................................... xi Edwin J. Feulner, Ph.D. Acknowledgments .............................................................................................................................. xiii Kim R. Holmes, Ph.D., Edwin J. Feulner, Ph.D., and Mary Anastasia O’Grady What’s New in the 2008 Index? ........................................................................................................... xv Executive Summary ................................................................................................................................ 1 Chapter 1: Economic Fluidity: A Crucial Dimension of Economic Freedom ................................ 15 Carl J. Schramm Chapter 2: Narrowing the Economic Gap in the 21st Century ....................................................... 23 Stephen L. Parente Chapter 3: Globalization Is Making the World a Better Place ......................................................... 35 Guy Sorman Chapter 4: Methodology: Measuring the 10 Economic Freedoms ................................................. 39 William W. Beach and Tim Kane, Ph.D. Chapter 5: Economic Freedom in Five Regions ................................................................................ 57 James M. Roberts and Anthony B. Kim Chapter 6: The Countries ..................................................................................................................... 73
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vi 2008 Index of Economic Freedom Albania ............................................................ 77 Algeria ............................................................ 79 Angola ............................................................. 81 Argentina ........................................................ 83 Armenia .......................................................... 85 Australia ......................................................... 87 Austria ............................................................ 89 Azerbaijan ...................................................... 91 The Bahamas .................................................. 93 Bahrain ............................................................ 95 Bangladesh ..................................................... 97 Barbados ......................................................... 99 Belarus ............................................................ 101 Belgium ........................................................... 103 Belize ............................................................... 105 Benin ............................................................... 107 Bolivia ............................................................. 109 Bosnia and Herzegovina .............................. 111 Botswana ........................................................ 113 Brazil ............................................................... 115 Bulgaria ........................................................... 117 Burkina Faso .................................................. 119 Burma (Myanmar) ......................................... 121 Burundi ........................................................... 123 Cambodia ....................................................... 125 Cameroon ....................................................... 127 Canada ............................................................ 129
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