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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