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Journalism of Courage
Hong Kong tops an annual index from the Fraser Institute,a Canadian think-tank,which ranks 141 countries according to the degree to which their policies support economic freedom. Countries that promote trade both internal and external,free competition and strong legal protection for private property score well. America comes sixth in the survey,just behind Chile but ahead of the big continental European countries. Germany is ranked one place above Japan,the other main export-led economy in the rich world. The big emerging economies do fairly poorly. China is just above Russia in 82nd place. Brazil is outside the top 100. Zimbabwe has the dubious distinction of coming bottom of the think-tanks list.
The EconomistNewspaper Limited 2009
