Tuesday, January 16, 2007

Armenia has great economic freedom! (on paper!!)

Well the good news is Armenia ranks 32nd in the world in Economic freedom by The Wall Street Journal and the Washington-based Heritage Foundation, 2007 rankings. It tries to take into account Armenia's corruption and poor property rights, but I don't know if they were given enough weight. In any case, the laws in Armenia are quite good... now, they just need to be followed :-) See full RFE/RL article.

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