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View Full Version : DR behind in DR-CAFTA



NewsWhore
04-11-2008, 02:40 PM
The DR is behind the other DR-CAFTA countries when it comes to applying policies that strengthen economic freedom and local competitiveness, as presented during an American Chamber of Commerce (AmCham) workshop yesterday. According to Ignacio de Leon, the DR has the worst Index of Economic Freedom among the DR-CAFTA countries, and the lowest competitiveness index published by The Heritage Foundation. The DR is ranked 87th, behind El Salvador, Costa Rica, Guatemala, Honduras and Nicaragua. Economic freedom is defined as where individuals are free to work, produce, consume, and invest in any way they please, and that freedom is both protected by the state and unconstrained by the state. The index measures business freedom, trade freedom, fiscal freedom, government size, monetary freedom, investment freedom, financial freedom, property rights, freedom from corruption and labor freedom.
See http://www.heritage.org/research/features/index/countries.cfm

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