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Home Estonia

Estonia, Georgia remain the most free economies in CEE and Central Asia

June 5, 2024
in Estonia
Estonia, Georgia remain the most free economies in CEE and Central Asia
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Economic freedom and human rights

There are some notable differences between the findings of the report and those of Freedom House, which also published its latest report, looking at human rights, earlier this week.

Kazakhstan, for example, is classified as Not Free when it comes to human rights, but is one of the region’s best performers in terms of economic freedom, ranked 34th globally, ahead of Belgium, Spain, and Poland.

Azerbaijan too ranks well in the Economic Freedom Index (38th) but is also classified as Not Free in regards to human rights.

“Human rights rankings are a lot more ‘focused’ and ‘survey’ based while the Economic Freedom Index is driven more by hard economic statistics,” says Mr Kim.

“Making and/or implementing economic policies is a bit more independent, or even immune from, the complex interplay of various politics and political systems. [Kazakhstan and Azerbaijan] are still struggling on various grounds (particularly the rule of law related to judicial independence and corruption) and are far behind the top tier, despite some progress.”

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Source link : https://emerging-europe.com/news/estonia-and-georgia-remain-emerging-europes-most-free-economies/

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Publish date : 2021-03-04 08:00:00

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