TNPSC Thervupettagam

World’s Freest Economy

September 24 , 2023 218 days 309 0
  • Singapore has dethroned Hong Kong to become the world’s freest economy.
  • This is as per report released by Canadian think tank Fraser Institute.
  • For the first time since the Economic Freedom of the World Index started in 1970, Hong Kong slipped to second place from the number one spot
  • Switzerland, New Zealand and the U.S. occupy the third, fourth and fifth positions respectively.

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