Macedonia climbs to 72nd place in Fraser economic freedom ranking.

By bne IntelliNews September 21, 2010
Macedonia climbed to 72nd position in the economic freedom ranking of the Canadian Fraser Institute, from 80th place in the previous issue of the report. The report surveyed the performance of 141 countries in 2008. Hong Kong had the highest economic freedom rating overall. Macedonias summary rating improved from 6.7 in 2007 to 6.83 in 2008, with the highest possible rating being 10. The improvement reflects better standing in the following areas: size of government; legal structure and security of property rights; and regulation of credit, labor, and business. Deterioration was observed in two areas: access to sound money and freedom to trade internationally. In the region, the following countries had better rankings than Macedonia: Bulgaria (36th), Albania (48th), Slovenia (61st) and Montenegro (66th). On the other hand, Croatia (87th), Serbia (97th) and Bosnia and Herzegovina (111th) had worse ratings.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Macedonias 2013 tobacco crop expected to exceed 30,000 tonnes.

Macedonias tobacco crop is expected to increase by 20% to over 30,000 tonnes in 2013, Utrinski vesnik daily reported quoting Danco Mileski, president of the countrys tobacco association. The ... more

Macedonia cancels tender for gas distribution network feasibility study.

The transport ministry has cancelled the tender for preparing a feasibility study for developing the countrys natural gas distribution network, build.mk portal reported. Reportedly, two bids were ... more

Komercijalna Banka wins Global Finance award Best Bank in Macedonia for 2013.

Large-sized commercial bank Komercijalna Banka announced that it has won the award Best Bank in Macedonia for 2013 by the magazine Global Finance. The Macedonian bank wins the award for a 10th ... more

Most Read

  1. Romanian developers get in the game
    3 days ago
  2. Putin and Trump trying to walk back Syria strike and sanctions tensions
    3 days ago
  3. What’s the cost of US sanctions on Russia?
    4 days ago
  4. E-commerce dramatically eats into foot traffic at Moscow’s leading shopping malls
    15 days ago
  5. Romania entrepreneur aims to put home-grown UAV defence technology industry on the map
    5 days ago
  1. Fears raised of US conditioning F-35s sale on Turkey cancelling S-400 deal with Russia
    25 days ago
  2. COMMENT: Whisper it – ‘Erdonomics’ could be driving Turkey to a meltdown
    12 days ago
  3. KRUK REPORT: Nadia Savchenko, Ukraine’s fallen hero
    29 days ago
  4. Romanian developers get in the game
    3 days ago
  5. Putin and Trump trying to walk back Syria strike and sanctions tensions
    3 days ago

Selected articles from our premium news/views wire IntelliNews Pro

Login to IntelliNews Pro
Get IntelliNews Pro

Reports

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss