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10 Countries with Most Economic Freedom
By siliconindia
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Thursday, 03 November 2011, 00:52 IST |
1 Comments
4. Switzerland:
Switzerland ranked as the European country with the highest degree of economic freedom. Switzerland is ranked 1st out of 43 countries in the Europe region, and its overall score is much higher than the world average. Switzerland's openness to foreign trade and investment continues to provide real stimulus for a dynamic and resilient economy. A sound regulatory environment and minimal barriers to trade have contributed to the country's status as one of the world's most competitive and innovative economies. Macroeconomic stability and a highly developed and competitive financial sector reinforce Switzerland's position as a global financial hub. Switzerland, one of the world's richest and most investment-friendly destinations. Well-secured property rights, including for intellectual property, promote entrepreneurship and productivity growth. Flexible labor regulations and the absence of corruption also sustain vibrant entrepreneurship.
