Polish obtains 47th place in EFI report

The yearly report of the Economic Freedom Network showed that Poland obtains the 47th place out of 156 countries as far as the economic freedom issue is concerned. It recieved 7.29 points out of 10. The average result of the world is 6.86, whereas last year it was 6.84. When calculating the Economic Freedom Index five categories are taken into consideration: Size of government, legal structure and security of property rights, access to sound money, freedom to trade internationally and regulation of credit, labour and business. The index of other countries and the places they obtained were as follows. USA - 7,73 (16.); Japan- 7,52 (26.); Germany - 7,50 (29.); France - 7,13 (70.); Italy - 7,12 (68.); Russia - 6,69 (99.); China - 6,44 (111.); India - 6,43 (114.).   The report is prepared every year by the Economic Freedom Network, which is a group of 90 independent institutions. The Polish participant of the network is Centrum im. Adama Smitha.