Index of Economic Freedom IEF (The Heritage Foundation): Russia - 143 position, Georgia - 26 position of 183

The Heritage Foundation and Wall Street Journal announced the next annual Index of Economic Freedom (Index of Economic Freedom - IEF), in which Georgia, compared to the Year 2009, moved to 6 positions, taking 26 th place among 183 countries in the world. Russia occupies the 143rd position.

According to the Ministry of Foreign Affairs of Georgia, the index is calculated on the basis of 10 economic indicators: business freedom, trade, monetary freedom, the level of government intervention, freedom and private property investors, corruption, labor freedom, fiscal and financial freedom.

Last year, Georgia in the index of economic freedom occupies 32 th position.

6 January 2010 | calculation, double standards, index

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