"For the first time since our measurements began in 1994," states the 1999
edition of the annual
Index of Economic Freedom, co-produced by the
Heritage Foundation and
The Wall Street Journal, "
global economic
freedom has declined." The
Index, which for the last half decade has
measured the openness of hundreds of countries' economies in such areas as
trade, taxation, and regulation, found that of the countries rated in the last
two years whose score had changed, "27 improved their overall scores while 29
regressed." Overall, 71 countries earned a rating of "free" or "mostly free"
while 90 countries were judged "mostly unfree" or "repressed." The executive
summary, selected charts, and country analyses are available at
www.heritage.org/index. The entire 490 pages can be purchased for
$24.95 online or by calling 1-800-975-8625.