Iraq outside the classification of economic freedom, according to "Heritage Foundation" US

economy Since 18/02/2017 17:36 pm (Baghdad time)

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Statistics showed the American "Heritage Foundation" Institute, four out of Iraq and other Arab countries of the International Classification Index of Economic Freedom for 2017, while the UAE, which has risen maintaining its position as the first Arab to be the eighth country in the global hierarchy.

According to statistics published on the Web site that the Institute of five Arab countries are Iraq, Libya, Somalia, Syria and Yemen came out of the rankings within the five countries also included Liechtenstein.

Alajsaouat published on the Institute's site-mail to the UAE surged 17 tidy and once in the index, while Qatar came second in the Arab world and 29th largest in the world.

Bahrain ranked third among Arab countries, and 44 globally, then Jordan ranked fourth Arab world and 53 worldwide, and Kuwait in the fifth Arab and 61 globally ranked sixth globally and 64 Arab and Saudi Arabia, according to the statistics.

And it won the Sultanate of Oman on the seventh among Arab countries and 82 worldwide, followed by Morocco ranked 86 globally, then Tunisia 123 worldwide, 137, Lebanon, Egypt, and was ranked 144 globally, with assumed Sudan ranked 164 and 172 of Algeria internationally.

According to the American Institute statistics, Hong Kong ranked first globally in the Index of Economic Freedom for the current year, followed by Singapore, New Zealand, Switzerland and Australia, respectively.

What the United Kingdom ranked 12, 14 and Luxembourg, and the United States 17, Germany 26.

It consists index published by the Heritage Fawndah Institute (based in Washington) from four major benchmarks, including other sub-standards, and these standards are the rule of law, and standards of respect for private property rights, freedom from corruption.

The second measure is the Financial Freedom, and consists of financial freedom of a country, the size of government spending.

Regarding the third regulatory efficiency, and is divided into the freedom of doing business, and freedom of action, and monetary freedom.

While IV, contains the openness of markets and branches to free trade, and investment freedom, and freedom of financing activity.

Depends cursor on six levels, the first is a "free economy" includes states from 1 to 5, the second is "free to a large extent" of the countries of the centers 6 to 35, and the third "Freedom medium countries", featuring the centers from 36 to 90, and the fourth came under the name of "non-free to a large extent", brought together countries from the center 91 to 152.

It has a level V "pent-up" centers from 153 to 178 and sixth countries outside Altsnev.anthy m h n

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