Wednesday, October 1, 2008

Malaysia's No.51

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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