Hong Kong loses its title as the world’s freest economy to Singapore
Hong Kong has been overtaken by Singapore as the world’s freest economy, according to the most current report from Montreal-primarily based Fraser Institute. The report, titled “Economic Freedom of the Globe,” has ranked Hong Kong at the leading for far more than 20 years. Having said that, the 2023 edition of the report reveals a decline in Hong Kong’s all round score by .07 points. The decline is mostly attributed to a lower in judicial independence, impartial courts, and legal integrity, along with an raise in military interference. The information utilized for this report was collected in 2021.
One thought on “Hong Kong loses its title as the world’s freest economy to Singapore”
Leave a Reply
You must be logged in to post a comment.
Click to reveal additional content
Browse around this site
Discover more
Visit this page
Get the lowdown by clicking here
Discover further details
Continue reading to discover more
Click to expand your knowledge
Click to get the whole story
Read further to know more
Go here
Get the full rundown