Economic Freedom
Hong Kong has ranked as the world's freest economy in The Wall Street Journal and Heritage Foundation's Index of Economic Freedom for 17 consecutive years, since the inception of the index in 1995. The Index measures restrictions on business, trade, investment, finance, property rights and labour and considers the impact of corruption, government size and monetary controls in 183 economies. Hong Kong is the only one to have ever scored 90 points or above on the 100 point scale.
Read more about this topic: Economy Of Hong Kong
Famous quotes containing the words economic and/or freedom:
“What exacerbates the strain in the working class is the absence of money to pay for services they need, economic insecurity, poor daycare, and lack of dignity and boredom in each partner’s job. What exacerbates it in upper-middle class is the instability of paid help and the enormous demands of the career system in which both partners become willing believers. But the tug between traditional and egalitarian models of marriage runs from top to bottom of the class ladder.”
—Arlie Hochschild (20th century)
“For He that worketh high and wise,
Nor pauses in his plan,
Will take the sun out of the skies
Ere freedom out of man.”
—Ralph Waldo Emerson (1803–1882)