economic freedom tagged posts
New Zealand has been ranked as the 4th freest economy in the world, only beaten out by Hong Kong, Singapore and Australia.
On January 12th the US-based Heritage Foundation and The Wall Street Journal co-released the 2011 Index of Economic Freedom, an annual report which aims to track the perceived changes in economic conditions and freedoms of countries across the world. According to the publication, New Zealand is currently the 4th freest economy in the world, and is ranked top across all countries for its business freedom and freedom from corruption.
The report categorizes each country’s overall economic freedom by analyzing a predetermined set of economic criteria, consisting of librety in conducting business, freedom of trade, fiscal freedom, size of government spending as a portion of...Read More
April 14, 2010 New Zealand Taxation
New Zealand is the fourth freest economy in the world, according to a newly released global economic freedom index.
The US Heritage Foundation and the Wall Street Journal have recently co-released the 2010 Index of Economic Freedom, which ranks nations according to their economic freedom. New Zealand scored 82.1 points on the index, out of a possible 100. The score reflects a 0.1 point rise from the 2009 score, due to a perceived marginal improvement in trade and fiscal freedom. New Zealand was one of only seven nations regarded as “free”, having exceeded a benchmark score of 80 points.
Business Freedom in New Zealand was marked 99.9 out of 100, with the Foundation praising the ease with which a business can be started in New Zealand...Read More