For over a decade the Index of Economic Freedom has tracked the march of economic freedom around the world. This years edition of the Index embodies the most dramatic changes, in both style and substance that have been made since publication of the inaugural edition in 1995.
The book is physically smaller to enhance its usability and portability. An extensive redesign of the country pages includes two new charts to help readers quickly assess each economys progress. Finally, the methodology has been improved with the help of a newly formed academic advisory board and utilization of new data from the World Bank that have been made available only recently. Previous years scores have been revised to reflect the more rigorous approach.
The goal of the economic freedom project is to develop a systematic, empirical measurement of economic freedom in countries throughout the world. To this end, the decision was made to establish a set of objective economic criteria that have been used to study and grade various countries for the annual publication of the Index of Economic Freedom.
Foreword by Paul A Gigot
Preface by Edwin J Feulner
What's New in the 2007 Index?
1 Global Inequality Fades as the Global Economy Grows by Xavier Sala-i-Martin
2 The Urgent Need for Labour Freedom in Europe - and the World by Johnny Munkhammer
3 Methodology: Measuring the 10 Economic Freedoms by William W Beach & Tim Kane
4 Economic Freedom in Five Regions by Tim Kane
5 The Countries
2007, Published by the Heritage Foundation and The Wall Street Journal
ISBN 0-89195 274-8, 412pp, PB