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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Iraq is outside the limits of global economic freedom for 2021

    Rocky
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    • Post n°1

    Iraq is outside the limits of global economic freedom for 2021 Empty Iraq is outside the limits of global economic freedom for 2021

    Post by Rocky Wed 31 Mar 2021, 9:22 am

    Iraq is outside the limits of global economic freedom for 2021

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     MARCH 31, 2021
     [size=18]COMMENTSON IRAQ OUTSIDE THE LIMITS OF GLOBAL ECONOMIC FREEDOM FOR 2021 ARE CLOSED
     10 VIEWS[/size]



    According to a report published by the American Heritage Foundation:
    New Morning - Follow Up
    ((The UAE ranked first in the Arab world and 14th in the world, with a score of 78.4, followed by Qatar and 31 in the world, with a score of 72, and Bahrain came third and 40 globally, with a score of 69.9))
    The American Heritage Foundation, which measures the level of economic freedom in countries around the world, announced that Iraq has not achieved any rank in global economic freedom for the year 2021.
    According to the report published by the Foundation, "six countries, including Iraq, did not have any rank with regard to global economic freedom out of the 179 countries listed in the table," indicating that the countries included Iraq, Libya, Liechtenstein, Somalia, Syria and Yemen.
    She added that "Singapore ranked first in economic freedom with a score of 89.7, followed by New Zealand with a score of 83.9, then Australia came third with a score of 82.4 and Switzerland came fourth with a score of 81.9."
    She indicated that the UAE ranked first in the Arab world and 14th in the world with a score of 78.4, followed by Qatar and 31 in the world with a score of 72, and Bahrain came third and 40 in the world with a score of 69.9, and then Jordan came fourth and 64 with a score of 64.6 .6.
    It indicated that it “relied on its classification on twelve factors to measure the economic freedom of these countries related to four main aspects of the economic environment that were classified from 0 to 100, and its average to determine the degree of the state, which is the rule of law (property rights, government integrity, judicial effectiveness), size of government ( Government spending, tax burden, financial health), organizational efficiency (business, employment and monetary freedom), open markets (trade, investment and financial freedom) ”.
    She explained that "the focus of the Economic Freedom Index is that individuals should be free to work, consume and invest without restrictions," indicating that "poverty, disease and ignorance are declining in all regions, then this is largely due to the widespread adoption of more advanced and transparent economic policies." .
    Some economists believe that the components of the index are insufficient to indicate the good performance of an economy, and that approaching the highest degree of freedom (100%) does not necessarily mean that the policies and economic environment of a country are the most appropriate and stimulating of economic freedom. There is a strong correlation between the index and the actual performance of the national economy.
    Human experiences have demonstrated the existence of a close relationship between political and economic freedom, as well as successful economic performance, ensuring the growth and sustainable development of a society, and achieving justice and social welfare.
    And she emphasized that correcting the structural defect depends on the creative capacity of the planning and executive leaderships to find appropriate formulas in mobilizing the elements of political, economic, social and humanitarian development and activating them in every country.
    Human experiences have also confirmed that the extent of representation and efficiency of the Index of Economic Freedom and its components depends on the accuracy of the information and its treatment formulas, the extent to which it represents the phenomenon to be measured, and the degree of its correlation and impact on other related variables. Economic freedom is the product of complex human and material interaction processes whose fulfillment requires the availability of preconditions Most importantly, the elimination of hunger, poverty, disease and unemployment
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