Economic Freedom Index , is developed by the Heritage Foundation. The Economic Freedom Index is formed with the following ten indicators: the trade policy of country, the fiscal load on the part of government, governmental intervention in the economy, monetary policy, streams of capital and foreign investment, banking and financial activity, the policy of shaping prices and payments, the right to private property, a policy of regulation, and the informal activity of the market. These ten indicators are calculated based on expert estimation and using various sets of economic, financial, legislative and administrative data.
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