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:
“The reality is that zero defects in products plus zero pollution plus zero risk on the job is equivalent to maximum growth of government plus zero economic growth plus runaway inflation.”
—Dixie Lee Ray (b. 1924)
“In particular I may mention Sophocles the poet, who was once asked in my presence, “How do you feel about love, Sophocles? are you still capable of it?” to which he replied, “Hush! if you please: to my great delight I have escaped from it, and feel as if I had escaped from a frantic and savage master.” I thought then, as I do now, that he spoke wisely. For unquestionably old age brings us profound repose and freedom from this and other passions.”
—Plato (c. 427–347 B.C.)