Economic Freedom: Lessons of Hong Kong

  title={Economic Freedom: Lessons of Hong Kong},
  author={Kui-wai Li},
  journal={Emerging Markets Economics: Macroeconomic Issues \& Challenges eJournal},
  • Kui-wai Li
  • Published 3 July 2012
  • Economics
  • Emerging Markets Economics: Macroeconomic Issues & Challenges eJournal
For over a decade, the economy of Hong Kong has been ranked the freest economy by both the Heritage Foundation in Washington D.C. and the Fraser Institute in Vancouver, Canada. Rankings of economic freedom tend to make comparisons on the performance of economic freedom among the various world economies, and the result does show the relative outcome of economic freedom among the various world economies. The rankings take a “snapshot” approach and show that economically freer countries enjoy a… 
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