Practicing Success
According to The Economic Freedom of the World Index 2023 (based on 2021 data), which has been tracking economic freedom since 1970, which of the following countries was found to be the world's freer economy? |
Taiwan Japan Singapore Hongkong |
Singapore |
Singapore has surpassed Hong Kong to claim the title of the world’s freest economy, marking the end of Hong Kong’s 53-year reign at the top. This shift is according to a report released by the Canadian think tank Fraser Institute. The Economic Freedom of the World Index 2023 (which is based on data of 2021), which has been tracking economic freedom since 1970, placed Hong Kong in second place for the first time |