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 US ranks 12th in economic freedom – report

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US ranks 12th in economic freedom – report Vide
PostSubject: US ranks 12th in economic freedom – report   US ranks 12th in economic freedom – report Icon_minitimeThu Jan 29, 2015 5:41 am
The United States has ranked 12th in the world in economic freedom, according to an annual report compiled by the Heritage Foundation. The country remained out of the top 10, despite small improvements to its score.
The Heritage Foundation, a conservative think-tank, uses four categories to rank countries in its Economic Freedom Index – rule of law, limited government, regulatory efficiency, and open markets. The United States finally halted its five-year slide in the rankings by rising 0.7 points, retaining its No. 12 ranking among the world’s economies.
According to the report, the US improved its scoring in categories such as freedom from corruption, government spending, fiscal freedom, labor freedom, monetary freedom, and trade freedom.
“The United States recorded modest gains in six of the 10 Index-measured freedoms, including control of government spending. But its tax and regulatory burdens have increased substantially, and it still has much work to do (in the area of business freedom, for example, which worsened last year) before it can regain a spot among the world’s 10 freest economies,” said the report.

US ranks 12th in economic freedom – report Us-ranks-12-economies.si

More:  http://rt.com/usa/227247-us-economic-freedom-ranking/
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