Bulgaria climbs to 28th place in Fraser economic freedom ranking.

By bne IntelliNews September 21, 2011
Bulgaria climbed to 28th position (score 7.34, up from 7.31 last year) out of 141 countries in the economic freedom ranking of the Canadian Fraser Institute, from 34th place last year, according to the newly-issued Economic Freedom of the World report for 2011. The report uses data for 2009. The country improved in terms of access to sound money and regulation of credit labour and business. However, it did worse in size of government, legal structure and security of property rights, and freedom to trade internationally. The best performing country was Hong Kong with score of 9.01 out of 10, followed by Singapore (8.68) and New Zealand (8.20).

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