Maldives one of the world’s most economically-repressed countries: report
13 Jan 2011, 8:00 PM
The Maldives has been ranked as one of the world’s most economically-repressed countries, in the 2011 Index of Economic Freedom report produced by the Wall Street Journal and Washington think-tank The Heritage Foundation.
The Maldives is ranked 154th out of the 183 countries ranked, a slight drop on last year but still significantly below the global and regional average, placing 34th out of 41 countries in the Asia Pacific region.
Economic freedom, as defined by the report, “is the fundamental right of every human to control his or her own labor and property.”
The Maldives scored well for several indices, including business, fiscal, trade and labour freedom, but scored poorly for government spending, corruption and property rights.
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