Economy ranked 'Free' for first time
Taiwan ranked sixth in this year’s Index of Economic Freedom, the same as last year, but its overall score gained 1.5 points to 80.1, joining the “Free” index category for the first time, thanks to improvements in judicial effectiveness and labor freedom, the Heritage Foundation said in an annual survey released yesterday. The US think tank grades 12 indicators in 184 economies — from property rights to financial freedom — grouped into four categories: rule of law; government integrity; judicial effectiveness; and regulatory efficiency and open market. “Taiwan is one of the few cou...
Source: taipeitimes.com