Hong Kong once again tops international rankings for economic freedom, with Singapore a close second and New Zealand in third spot, according to the Economic Freedom of the World: 2007 Annual Report, released by the Fraser Institute in conjunction with the Institute of Economic Affairs.
The United Kingdom ranked joint 5th with the USA and Canada, after ranking 6th in last years report. However, the higher rank results from declining economic freedom in the USA and Canada rather than an improvement in the UKs score.
Zimbabwe and Myanmar had the lowest economic freedom ratings of the 141 countries measured.
The annual peer-reviewed report uses 42 different measures to create an index ranking countries around the world based o