The Heritage Foundations Index of Economic Freedom is not the only ranking that assesses countries in terms

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The Heritage Foundation’s Index of Economic Freedom is not the only ranking that assesses countries in terms of successful economic policies. For example, the World Economic Forum (WEF; www.weforum.org) publishes an annual Global Competitiveness Report; in the 2014–2015 report, the United States ranked 3rd, according to the WEF’s metrics. By contrast, Sweden was in 10th place. According to the Index of Economic Freedom’s rankings for 2015, the United States and Sweden are in 12th and 23rd place, respectively. Why are the rankings so different? What criteria does each index consider? LO.1

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Global Marketing

ISBN: 9780134149745

9th Edition

Authors: Mark C. Green , Warren J. Keegan

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