2007 Index of Economic Freedom


Government and Institutions

A new edition of this classic introduction to public choice theory

Energy and Environment

Author questions the case for action on climate change

This latest edition of this popular title contains a thoroughly revised methodology and has been produced in a new compact size

For over a decade the Index of Economic Freedom has tracked the march of economic freedom around the world. This year’s edition of the Index embodies the most dramatic changes, in both style and substance that have been made since publication of the inaugural edition in 1995.

The book is physically smaller to enhance its usability and portability. An extensive redesign of the country pages includes two new charts to help readers quickly assess each economy’s progress. Finally, the methodology has been improved with the help of a newly formed academic advisory board and utilization of new data from the World Bank that have been made available only recently. Previous years’ scores have been revised to reflect the more rigorous approach.

The goal of the economic freedom project is to develop a systematic, empirical measurement of economic freedom in countries throughout the world. To this end, the decision was made to establish a set of objective economic criteria that have been used to study and grade various countries for the annual publication of the Index of Economic Freedom.


Foreword by Paul A Gigot

Preface by Edwin J Feulner

What’s New in the 2007 Index?

1 Global Inequality Fades as the Global Economy Grows by Xavier Sala-i-Martin

2 The Urgent Need for Labour Freedom in Europe – and the World by Johnny Munkhammer

3 Methodology: Measuring the 10 Economic Freedoms by William W Beach & Tim Kane

4 Economic Freedom in Five Regions by Tim Kane

5 The Countries

2007, Published by the Heritage Foundation and The Wall Street Journal

ISBN 0-89195 274-8, 412pp, PB