According to the Heritage Foundation, Malaysia ranks #51 in economic freedom. That's 50 countries scoring higher (incl. Czech Republic, Bostwana and Trinidad & Tobago) and 111 scoring lower (incl. Italy and Greece) on the following principles:
- The establishment of the rule of law
- The principle of private property
- The acceptance and encouragement of private wealth accumulation
- The mitigation of government interference and regulation
- The promotion of free trade
And in case you're wondering where Singapore is, Blogpastor, well you're at #2.
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