The Czech Republic has 52nd highest economic freedom of 152 countries in world

19-09-2013

The Czech Republic is in 52nd place on the Economic Freedom of the World Index published by the Canadian institute Fraser. The index, which was made public at a press conference on Thursday, is based on data from 2011 and monitored 152 countries. It is based on a number of indicators, among them the size of the public sector, the quality of legislation, foreign trade and overall regulation. Monetary issues and inflation are also taken into consideration.