• Entry
  • Reader's guide
  • Entries A-Z
  • Subject index

Index of Economic Freedom

The purpose of the Index of Economic Freedom (IEF) is to measure how free, economically, each nation in the world is. Some of the relevant questions investigators ask include the following. How difficult is it to get a business license? Are women allowed to have bank accounts or own property in their own names? How commonly is it necessary to bribe government officials in order to acquire a construction permit? Can one easily import or export goods into or from one’s country? Do regulations prevent individuals from performing some jobs due to their race, ethnicity, or gender?

The index currently collects data for 186 countries around the world. Nations are scored along 10 major dimensions: (1) Freedom From Corruption, (2) Property Rights, (3) Labor Freedom, (4) ...

    • Loading...
    locked icon

    Sign in to access this content

    Get a 30 day FREE TRIAL

    • Watch videos from a variety of sources bringing classroom topics to life
    • Read modern, diverse business cases
    • Explore hundreds of books and reference titles