Economic Freedom of the World

In its recent survey of the 20th century, the Economist magazine used the Fraser Institute's Economic Freedom of the World index to enquire as to why some countries had done well while others have done poorly. In his presentation, Dr. Michael Walker will address a number of questions using the Freedom Index. What has happened to the level of economic freedom around the world during the last thirty years? What have been the consequences of this change? What can we learn from the experience of 123 countries about the best policy recipe for economic growth and human development? Do regions and countries have to choose between economic freedom and human development - what is the trade-off? What is the connection between economic freedom and political freedom? How does Hong Kong compare to other countries and what are the implications for the future of the SAR?

The Fraser Institue of Canada, in conjunction with the Cato Institute and the Hong Kong Center for Economic Research, released the Economic Freedom of the World: 2000 Annual Report in a press conference on January 11.

Dr Michael Walker, Executive Director of the Fraser Institue, Dr William Niskanen, President of Cato Institure, and Professor Y.C. Wong, Director of the Hong Kong Center for Economic Research presented the latest findings on economic freedom in the world, traced the development of the level of economic freedom around the world during the last thirty years, and discussed what can be learnt from the experience of 123 countries about the best policy recipe for economic growth and human development.

The Economic Freedom of the World: 2000 Annual Report was presented to the Chief Executive of the HKSAR Government, Mr Tung Chee Hwa.

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Last modified: Wed Jan 26 15:22:22 2000