Saturday, 24 March 2007

The 2007 Index of Economic Freedom -Portugal is ranked 24th freest out of 41 countries in the European region

The 2007 Index of Economic Freedom measures and ranks 161 countries across 10 specific freedoms, things like tax rates and property rights. View scores and rankings for any country, along with detailed data and background analysis.

Portugal's economy is 66.7 percent free, according to our 2007 assessment, which makes it the world's 43rd freest economy. Its overall score is 1.1 percentage points higher than last year, partially reflecting new methodological detail. Portugal is ranked 24th freest out of 41 countries in the European region, and its overall score is slightly lower than the regional average.
Portugal enjoys high levels of business freedom, trade freedom, monetary freedom, investment freedom, property rights, and freedom from corruption. The average tariff rate is low, but non-tariff barriers include distortionary EU subsidies on agriculture and other goods. Business formation is efficient, although other commercial operations are often slowed by bureaucracy. Inflation is low, and the government actively promotes foreign investment. Case resolution is slower than the EU average, but the judiciary is independent and free of corruption.
Portugal is weak in freedom from government and labor freedom. Total government spending equals almost 50 percent of GDP, and the labor sector is highly restrictive in all areas, from maximum workweek hours to employment severance procedures.

1 comment:

Francisco said...

Quase a meio da tabela. Por outro lado, está em primeiro em desigualdades sociais. Nessa vergonha, onde está a responsabilidade das empresas e dos governos PS-PSD-CDS nos últimos 30 anos?