Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Taiwan ranked 14th-freest economy
STILL WORK TO DO:In Taiwan, connections remain between politics and big business, and corruption is still a problem, the ‘Index of Economic Freedom’ saidTaiwan has achieved its highest-ever score in the annual Index of Economic Freedom released on Friday, remaining the 14th-freest economy in the world, the same position it occupied in the previous year’s ranking.
The nation is ranked fifth out of 42 economies in the Asia-Pacific region and has improved over the past year in seven of the 10 categories measured by the index.
“Despite progress, however, a relatively high level of perceived corruption and a rigid labor market still restrain Taiwan’s overall economic freedom,” the report said.
Published and compiled by the Heritage Foundation and the Wall Street Journal, the report has attracted global attention for more than 20 years.
http://www.taipeitimes.com/News/taiwan/archives/2016/01/31/2003638485
