loading...
To top

Publication in the community "Montenegro"

This is an automatic translation.
Click here to read the publication in the original language.

By the results of 2015, Montenegro ranked 65th among 176 countries in the Index of Economic Freedom "

The index of economic freedom is an indicator, since 1995, annually calculated by the Wall Street Journal and the Heritage Foundation research center in most countries of the world. It is formed by such criteria as: business freedom, freedom of trade, tax freedom, freedom from government interference in doing business, protection of property rights, freedom from corruption and some other parameters.

For many years in the top five countries are leading Hong Kong, Singapore, New Zealand, Switzerland and Australia. The countries of Europe occupy places in the top twenty, Russia, Belarus and Ukraine - respectively, the 153rd, 157th and 162nd places in the rating of 2016. Montenegro also raised the rating to 65 places and entered the group of moderately free countries with a score of 64.9 points. Among the countries of the Balkan region this is a very good rating, considering that such large countries as Serbia, Croatia and Slovenia lagged behind Montenegro in an impressive number of positions: 77, 103 and 90, respectively. Closes the rating of Venezuela, Cuba and North Korea.

This result was achieved by improving in terms of monetary freedom, freedom of investment and public expenditure management, however, while the indicators of freedom from corruption worsened, it is probably the reason for the loud process over Budva's leadership involved in financial fraud.


#homlessdog

This is an automatic translation.
Click here to read the publication in the original language.

This post is available in the following languages: