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'summary' => 'September 26: Nepal has ranked 102nd out of 162 countries and territories included in the Economic Freedom of the World: 2018 Annual Report, released on Tuesday by Samriddhi Foundation in conjunction with Canada’s Fraser Institute.',
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<p>According to research in top peer-reviewed academic journals, people living in countries with high levels of economic freedom enjoy greater prosperity, more political and civil liberties, and longer lives, the statement said. And life expectancy is 79.5 years in the top quartile of countries compared to 64.4 years in the bottom quartile.</p>
<p>“Where people are free to pursue their own opportunities and make their own choices, they lead more prosperous, happier and healthier lives,” the statement said.</p>
<p><strong>Nepal’s Ranking</strong></p>
<p>With an overall score of 6.53 (in a scale of 1 to 10 where a higher value indicates a higher level of economic freedom), Nepal ranked 102nd out of 162 jurisdictions in this year’s index. With this, Nepal has climbed five notches up in the global ranking. Last year, Nepal ranked 107th out of 159 jurisdictions with a score of 6.50. The year before, Nepal had ranked 108th out of 157 jurisdictions with a score of 6.45.</p>
<p>Nepal’s scores in key components of economic freedom are:</p>
<p> Size of government: dropped to 7.9 from 8.1 in the last year’s report</p>
<p> Legal system and property rights: climbed to 4.6 from 4.5</p>
<p> Access to sound money: as it was, on 6.4</p>
<p> Freedom to trade internationally: slid to 6.6 from 6.8</p>
<p> Regulation of credit, labour and business: climbed to 7.1 from 6.7</p>
<p> </p>
<p>Of the 24 sub-indicators within these five indicators studied in the report, Nepal climbed up in seven, slid below in five and maintained its last year’s position on 12.</p>
<p><strong>International Rankings</strong></p>
<p>Hong Kong and Singapore again occupied the top two positions respectively. New Zealand, Switzerland, Ireland, the United States, Georgia, Mauritius, the United Kingdom, Australia and Canada were tied for the 10 th position.</p>
<p>The 10 lowest-ranked countries are Sudan, Guinea-Bissau, Angola, Central African Republic, Republic of Congo, Syria, Algeria, Argentina, Libya and last-placed Venezuela. Some despotic countries such as North Korea and Cuba can’t be ranked due to lack of data.</p>
<p>Other notable countries include Germany (20th), Japan (41st), France (57th), Russia (87th), India (96th) and China (108th).</p>
<p>The Fraser Institute produces the annual Economic Freedom of the World report in cooperation with the Economic Freedom Network, a group of independent research and educational institutes in nearly 100 nations and territories. Samriddhi Foundation is member of the Economic Freedom Network and is a co-publisher of the report in Nepal. The Economic Freedom of the World Report is world’s premier measurement of economic freedom, measuring and ranking countries in five areas: 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.</p>
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<p>According to research in top peer-reviewed academic journals, people living in countries with high levels of economic freedom enjoy greater prosperity, more political and civil liberties, and longer lives, the statement said. And life expectancy is 79.5 years in the top quartile of countries compared to 64.4 years in the bottom quartile.</p>
<p>“Where people are free to pursue their own opportunities and make their own choices, they lead more prosperous, happier and healthier lives,” the statement said.</p>
<p><strong>Nepal’s Ranking</strong></p>
<p>With an overall score of 6.53 (in a scale of 1 to 10 where a higher value indicates a higher level of economic freedom), Nepal ranked 102nd out of 162 jurisdictions in this year’s index. With this, Nepal has climbed five notches up in the global ranking. Last year, Nepal ranked 107th out of 159 jurisdictions with a score of 6.50. The year before, Nepal had ranked 108th out of 157 jurisdictions with a score of 6.45.</p>
<p>Nepal’s scores in key components of economic freedom are:</p>
<p> Size of government: dropped to 7.9 from 8.1 in the last year’s report</p>
<p> Legal system and property rights: climbed to 4.6 from 4.5</p>
<p> Access to sound money: as it was, on 6.4</p>
<p> Freedom to trade internationally: slid to 6.6 from 6.8</p>
<p> Regulation of credit, labour and business: climbed to 7.1 from 6.7</p>
<p> </p>
<p>Of the 24 sub-indicators within these five indicators studied in the report, Nepal climbed up in seven, slid below in five and maintained its last year’s position on 12.</p>
<p><strong>International Rankings</strong></p>
<p>Hong Kong and Singapore again occupied the top two positions respectively. New Zealand, Switzerland, Ireland, the United States, Georgia, Mauritius, the United Kingdom, Australia and Canada were tied for the 10 th position.</p>
<p>The 10 lowest-ranked countries are Sudan, Guinea-Bissau, Angola, Central African Republic, Republic of Congo, Syria, Algeria, Argentina, Libya and last-placed Venezuela. Some despotic countries such as North Korea and Cuba can’t be ranked due to lack of data.</p>
<p>Other notable countries include Germany (20th), Japan (41st), France (57th), Russia (87th), India (96th) and China (108th).</p>
<p>The Fraser Institute produces the annual Economic Freedom of the World report in cooperation with the Economic Freedom Network, a group of independent research and educational institutes in nearly 100 nations and territories. Samriddhi Foundation is member of the Economic Freedom Network and is a co-publisher of the report in Nepal. The Economic Freedom of the World Report is world’s premier measurement of economic freedom, measuring and ranking countries in five areas: 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.</p>
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<p>According to research in top peer-reviewed academic journals, people living in countries with high levels of economic freedom enjoy greater prosperity, more political and civil liberties, and longer lives, the statement said. And life expectancy is 79.5 years in the top quartile of countries compared to 64.4 years in the bottom quartile.</p>
<p>“Where people are free to pursue their own opportunities and make their own choices, they lead more prosperous, happier and healthier lives,” the statement said.</p>
<p><strong>Nepal’s Ranking</strong></p>
<p>With an overall score of 6.53 (in a scale of 1 to 10 where a higher value indicates a higher level of economic freedom), Nepal ranked 102nd out of 162 jurisdictions in this year’s index. With this, Nepal has climbed five notches up in the global ranking. Last year, Nepal ranked 107th out of 159 jurisdictions with a score of 6.50. The year before, Nepal had ranked 108th out of 157 jurisdictions with a score of 6.45.</p>
<p>Nepal’s scores in key components of economic freedom are:</p>
<p> Size of government: dropped to 7.9 from 8.1 in the last year’s report</p>
<p> Legal system and property rights: climbed to 4.6 from 4.5</p>
<p> Access to sound money: as it was, on 6.4</p>
<p> Freedom to trade internationally: slid to 6.6 from 6.8</p>
<p> Regulation of credit, labour and business: climbed to 7.1 from 6.7</p>
<p> </p>
<p>Of the 24 sub-indicators within these five indicators studied in the report, Nepal climbed up in seven, slid below in five and maintained its last year’s position on 12.</p>
<p><strong>International Rankings</strong></p>
<p>Hong Kong and Singapore again occupied the top two positions respectively. New Zealand, Switzerland, Ireland, the United States, Georgia, Mauritius, the United Kingdom, Australia and Canada were tied for the 10 th position.</p>
<p>The 10 lowest-ranked countries are Sudan, Guinea-Bissau, Angola, Central African Republic, Republic of Congo, Syria, Algeria, Argentina, Libya and last-placed Venezuela. Some despotic countries such as North Korea and Cuba can’t be ranked due to lack of data.</p>
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<p>The Fraser Institute produces the annual Economic Freedom of the World report in cooperation with the Economic Freedom Network, a group of independent research and educational institutes in nearly 100 nations and territories. Samriddhi Foundation is member of the Economic Freedom Network and is a co-publisher of the report in Nepal. The Economic Freedom of the World Report is world’s premier measurement of economic freedom, measuring and ranking countries in five areas: 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.</p>
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<p>According to research in top peer-reviewed academic journals, people living in countries with high levels of economic freedom enjoy greater prosperity, more political and civil liberties, and longer lives, the statement said. And life expectancy is 79.5 years in the top quartile of countries compared to 64.4 years in the bottom quartile.</p>
<p>“Where people are free to pursue their own opportunities and make their own choices, they lead more prosperous, happier and healthier lives,” the statement said.</p>
<p><strong>Nepal’s Ranking</strong></p>
<p>With an overall score of 6.53 (in a scale of 1 to 10 where a higher value indicates a higher level of economic freedom), Nepal ranked 102nd out of 162 jurisdictions in this year’s index. With this, Nepal has climbed five notches up in the global ranking. Last year, Nepal ranked 107th out of 159 jurisdictions with a score of 6.50. The year before, Nepal had ranked 108th out of 157 jurisdictions with a score of 6.45.</p>
<p>Nepal’s scores in key components of economic freedom are:</p>
<p> Size of government: dropped to 7.9 from 8.1 in the last year’s report</p>
<p> Legal system and property rights: climbed to 4.6 from 4.5</p>
<p> Access to sound money: as it was, on 6.4</p>
<p> Freedom to trade internationally: slid to 6.6 from 6.8</p>
<p> Regulation of credit, labour and business: climbed to 7.1 from 6.7</p>
<p> </p>
<p>Of the 24 sub-indicators within these five indicators studied in the report, Nepal climbed up in seven, slid below in five and maintained its last year’s position on 12.</p>
<p><strong>International Rankings</strong></p>
<p>Hong Kong and Singapore again occupied the top two positions respectively. New Zealand, Switzerland, Ireland, the United States, Georgia, Mauritius, the United Kingdom, Australia and Canada were tied for the 10 th position.</p>
<p>The 10 lowest-ranked countries are Sudan, Guinea-Bissau, Angola, Central African Republic, Republic of Congo, Syria, Algeria, Argentina, Libya and last-placed Venezuela. Some despotic countries such as North Korea and Cuba can’t be ranked due to lack of data.</p>
<p>Other notable countries include Germany (20th), Japan (41st), France (57th), Russia (87th), India (96th) and China (108th).</p>
<p>The Fraser Institute produces the annual Economic Freedom of the World report in cooperation with the Economic Freedom Network, a group of independent research and educational institutes in nearly 100 nations and territories. Samriddhi Foundation is member of the Economic Freedom Network and is a co-publisher of the report in Nepal. The Economic Freedom of the World Report is world’s premier measurement of economic freedom, measuring and ranking countries in five areas: 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.</p>
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<p>According to research in top peer-reviewed academic journals, people living in countries with high levels of economic freedom enjoy greater prosperity, more political and civil liberties, and longer lives, the statement said. And life expectancy is 79.5 years in the top quartile of countries compared to 64.4 years in the bottom quartile.</p>
<p>“Where people are free to pursue their own opportunities and make their own choices, they lead more prosperous, happier and healthier lives,” the statement said.</p>
<p><strong>Nepal’s Ranking</strong></p>
<p>With an overall score of 6.53 (in a scale of 1 to 10 where a higher value indicates a higher level of economic freedom), Nepal ranked 102nd out of 162 jurisdictions in this year’s index. With this, Nepal has climbed five notches up in the global ranking. Last year, Nepal ranked 107th out of 159 jurisdictions with a score of 6.50. The year before, Nepal had ranked 108th out of 157 jurisdictions with a score of 6.45.</p>
<p>Nepal’s scores in key components of economic freedom are:</p>
<p> Size of government: dropped to 7.9 from 8.1 in the last year’s report</p>
<p> Legal system and property rights: climbed to 4.6 from 4.5</p>
<p> Access to sound money: as it was, on 6.4</p>
<p> Freedom to trade internationally: slid to 6.6 from 6.8</p>
<p> Regulation of credit, labour and business: climbed to 7.1 from 6.7</p>
<p> </p>
<p>Of the 24 sub-indicators within these five indicators studied in the report, Nepal climbed up in seven, slid below in five and maintained its last year’s position on 12.</p>
<p><strong>International Rankings</strong></p>
<p>Hong Kong and Singapore again occupied the top two positions respectively. New Zealand, Switzerland, Ireland, the United States, Georgia, Mauritius, the United Kingdom, Australia and Canada were tied for the 10 th position.</p>
<p>The 10 lowest-ranked countries are Sudan, Guinea-Bissau, Angola, Central African Republic, Republic of Congo, Syria, Algeria, Argentina, Libya and last-placed Venezuela. Some despotic countries such as North Korea and Cuba can’t be ranked due to lack of data.</p>
<p>Other notable countries include Germany (20th), Japan (41st), France (57th), Russia (87th), India (96th) and China (108th).</p>
<p>The Fraser Institute produces the annual Economic Freedom of the World report in cooperation with the Economic Freedom Network, a group of independent research and educational institutes in nearly 100 nations and territories. Samriddhi Foundation is member of the Economic Freedom Network and is a co-publisher of the report in Nepal. The Economic Freedom of the World Report is world’s premier measurement of economic freedom, measuring and ranking countries in five areas: 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.</p>
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<p>“Where people are free to pursue their own opportunities and make their own choices, they lead more prosperous, happier and healthier lives,” the statement said.</p>
<p><strong>Nepal’s Ranking</strong></p>
<p>With an overall score of 6.53 (in a scale of 1 to 10 where a higher value indicates a higher level of economic freedom), Nepal ranked 102nd out of 162 jurisdictions in this year’s index. With this, Nepal has climbed five notches up in the global ranking. Last year, Nepal ranked 107th out of 159 jurisdictions with a score of 6.50. The year before, Nepal had ranked 108th out of 157 jurisdictions with a score of 6.45.</p>
<p>Nepal’s scores in key components of economic freedom are:</p>
<p> Size of government: dropped to 7.9 from 8.1 in the last year’s report</p>
<p> Legal system and property rights: climbed to 4.6 from 4.5</p>
<p> Access to sound money: as it was, on 6.4</p>
<p> Freedom to trade internationally: slid to 6.6 from 6.8</p>
<p> Regulation of credit, labour and business: climbed to 7.1 from 6.7</p>
<p> </p>
<p>Of the 24 sub-indicators within these five indicators studied in the report, Nepal climbed up in seven, slid below in five and maintained its last year’s position on 12.</p>
<p><strong>International Rankings</strong></p>
<p>Hong Kong and Singapore again occupied the top two positions respectively. New Zealand, Switzerland, Ireland, the United States, Georgia, Mauritius, the United Kingdom, Australia and Canada were tied for the 10 th position.</p>
<p>The 10 lowest-ranked countries are Sudan, Guinea-Bissau, Angola, Central African Republic, Republic of Congo, Syria, Algeria, Argentina, Libya and last-placed Venezuela. Some despotic countries such as North Korea and Cuba can’t be ranked due to lack of data.</p>
<p>Other notable countries include Germany (20th), Japan (41st), France (57th), Russia (87th), India (96th) and China (108th).</p>
<p>The Fraser Institute produces the annual Economic Freedom of the World report in cooperation with the Economic Freedom Network, a group of independent research and educational institutes in nearly 100 nations and territories. Samriddhi Foundation is member of the Economic Freedom Network and is a co-publisher of the report in Nepal. The Economic Freedom of the World Report is world’s premier measurement of economic freedom, measuring and ranking countries in five areas: 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.</p>
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September 26: Nepal has ranked 102nd out of 162 countries and territories included in the Economic Freedom of the World: 2018 Annual Report, released on Tuesday by Samriddhi Foundation in conjunction with Canada’s Fraser Institute. According to a press statement issued by the foundation, Nepal ranked 107th last year. Samriddhi Foundation said it is releasing the report in Nepal for the eleventh consecutive year.
According to research in top peer-reviewed academic journals, people living in countries with high levels of economic freedom enjoy greater prosperity, more political and civil liberties, and longer lives, the statement said. And life expectancy is 79.5 years in the top quartile of countries compared to 64.4 years in the bottom quartile.
“Where people are free to pursue their own opportunities and make their own choices, they lead more prosperous, happier and healthier lives,” the statement said.
Nepal’s Ranking
With an overall score of 6.53 (in a scale of 1 to 10 where a higher value indicates a higher level of economic freedom), Nepal ranked 102nd out of 162 jurisdictions in this year’s index. With this, Nepal has climbed five notches up in the global ranking. Last year, Nepal ranked 107th out of 159 jurisdictions with a score of 6.50. The year before, Nepal had ranked 108th out of 157 jurisdictions with a score of 6.45.
Nepal’s scores in key components of economic freedom are:
Size of government: dropped to 7.9 from 8.1 in the last year’s report
Legal system and property rights: climbed to 4.6 from 4.5
Access to sound money: as it was, on 6.4
Freedom to trade internationally: slid to 6.6 from 6.8
Regulation of credit, labour and business: climbed to 7.1 from 6.7
Of the 24 sub-indicators within these five indicators studied in the report, Nepal climbed up in seven, slid below in five and maintained its last year’s position on 12.
International Rankings
Hong Kong and Singapore again occupied the top two positions respectively. New Zealand, Switzerland, Ireland, the United States, Georgia, Mauritius, the United Kingdom, Australia and Canada were tied for the 10 th position.
The 10 lowest-ranked countries are Sudan, Guinea-Bissau, Angola, Central African Republic, Republic of Congo, Syria, Algeria, Argentina, Libya and last-placed Venezuela. Some despotic countries such as North Korea and Cuba can’t be ranked due to lack of data.
Other notable countries include Germany (20th), Japan (41st), France (57th), Russia (87th), India (96th) and China (108th).
The Fraser Institute produces the annual Economic Freedom of the World report in cooperation with the Economic Freedom Network, a group of independent research and educational institutes in nearly 100 nations and territories. Samriddhi Foundation is member of the Economic Freedom Network and is a co-publisher of the report in Nepal. The Economic Freedom of the World Report is world’s premier measurement of economic freedom, measuring and ranking countries in five areas: 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.
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<p><strong>Nepal’s Ranking</strong></p>
<p>With an overall score of 6.53 (in a scale of 1 to 10 where a higher value indicates a higher level of economic freedom), Nepal ranked 102nd out of 162 jurisdictions in this year’s index. With this, Nepal has climbed five notches up in the global ranking. Last year, Nepal ranked 107th out of 159 jurisdictions with a score of 6.50. The year before, Nepal had ranked 108th out of 157 jurisdictions with a score of 6.45.</p>
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<p> Size of government: dropped to 7.9 from 8.1 in the last year’s report</p>
<p> Legal system and property rights: climbed to 4.6 from 4.5</p>
<p> Access to sound money: as it was, on 6.4</p>
<p> Freedom to trade internationally: slid to 6.6 from 6.8</p>
<p> Regulation of credit, labour and business: climbed to 7.1 from 6.7</p>
<p> </p>
<p>Of the 24 sub-indicators within these five indicators studied in the report, Nepal climbed up in seven, slid below in five and maintained its last year’s position on 12.</p>
<p><strong>International Rankings</strong></p>
<p>Hong Kong and Singapore again occupied the top two positions respectively. New Zealand, Switzerland, Ireland, the United States, Georgia, Mauritius, the United Kingdom, Australia and Canada were tied for the 10 th position.</p>
<p>The 10 lowest-ranked countries are Sudan, Guinea-Bissau, Angola, Central African Republic, Republic of Congo, Syria, Algeria, Argentina, Libya and last-placed Venezuela. Some despotic countries such as North Korea and Cuba can’t be ranked due to lack of data.</p>
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<p>According to research in top peer-reviewed academic journals, people living in countries with high levels of economic freedom enjoy greater prosperity, more political and civil liberties, and longer lives, the statement said. And life expectancy is 79.5 years in the top quartile of countries compared to 64.4 years in the bottom quartile.</p>
<p>“Where people are free to pursue their own opportunities and make their own choices, they lead more prosperous, happier and healthier lives,” the statement said.</p>
<p><strong>Nepal’s Ranking</strong></p>
<p>With an overall score of 6.53 (in a scale of 1 to 10 where a higher value indicates a higher level of economic freedom), Nepal ranked 102nd out of 162 jurisdictions in this year’s index. With this, Nepal has climbed five notches up in the global ranking. Last year, Nepal ranked 107th out of 159 jurisdictions with a score of 6.50. The year before, Nepal had ranked 108th out of 157 jurisdictions with a score of 6.45.</p>
<p>Nepal’s scores in key components of economic freedom are:</p>
<p> Size of government: dropped to 7.9 from 8.1 in the last year’s report</p>
<p> Legal system and property rights: climbed to 4.6 from 4.5</p>
<p> Access to sound money: as it was, on 6.4</p>
<p> Freedom to trade internationally: slid to 6.6 from 6.8</p>
<p> Regulation of credit, labour and business: climbed to 7.1 from 6.7</p>
<p> </p>
<p>Of the 24 sub-indicators within these five indicators studied in the report, Nepal climbed up in seven, slid below in five and maintained its last year’s position on 12.</p>
<p><strong>International Rankings</strong></p>
<p>Hong Kong and Singapore again occupied the top two positions respectively. New Zealand, Switzerland, Ireland, the United States, Georgia, Mauritius, the United Kingdom, Australia and Canada were tied for the 10 th position.</p>
<p>The 10 lowest-ranked countries are Sudan, Guinea-Bissau, Angola, Central African Republic, Republic of Congo, Syria, Algeria, Argentina, Libya and last-placed Venezuela. Some despotic countries such as North Korea and Cuba can’t be ranked due to lack of data.</p>
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<p>The Fraser Institute produces the annual Economic Freedom of the World report in cooperation with the Economic Freedom Network, a group of independent research and educational institutes in nearly 100 nations and territories. Samriddhi Foundation is member of the Economic Freedom Network and is a co-publisher of the report in Nepal. The Economic Freedom of the World Report is world’s premier measurement of economic freedom, measuring and ranking countries in five areas: 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.</p>
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<p>“Where people are free to pursue their own opportunities and make their own choices, they lead more prosperous, happier and healthier lives,” the statement said.</p>
<p><strong>Nepal’s Ranking</strong></p>
<p>With an overall score of 6.53 (in a scale of 1 to 10 where a higher value indicates a higher level of economic freedom), Nepal ranked 102nd out of 162 jurisdictions in this year’s index. With this, Nepal has climbed five notches up in the global ranking. Last year, Nepal ranked 107th out of 159 jurisdictions with a score of 6.50. The year before, Nepal had ranked 108th out of 157 jurisdictions with a score of 6.45.</p>
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<p> Size of government: dropped to 7.9 from 8.1 in the last year’s report</p>
<p> Legal system and property rights: climbed to 4.6 from 4.5</p>
<p> Access to sound money: as it was, on 6.4</p>
<p> Freedom to trade internationally: slid to 6.6 from 6.8</p>
<p> Regulation of credit, labour and business: climbed to 7.1 from 6.7</p>
<p> </p>
<p>Of the 24 sub-indicators within these five indicators studied in the report, Nepal climbed up in seven, slid below in five and maintained its last year’s position on 12.</p>
<p><strong>International Rankings</strong></p>
<p>Hong Kong and Singapore again occupied the top two positions respectively. New Zealand, Switzerland, Ireland, the United States, Georgia, Mauritius, the United Kingdom, Australia and Canada were tied for the 10 th position.</p>
<p>The 10 lowest-ranked countries are Sudan, Guinea-Bissau, Angola, Central African Republic, Republic of Congo, Syria, Algeria, Argentina, Libya and last-placed Venezuela. Some despotic countries such as North Korea and Cuba can’t be ranked due to lack of data.</p>
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<p>According to research in top peer-reviewed academic journals, people living in countries with high levels of economic freedom enjoy greater prosperity, more political and civil liberties, and longer lives, the statement said. And life expectancy is 79.5 years in the top quartile of countries compared to 64.4 years in the bottom quartile.</p>
<p>“Where people are free to pursue their own opportunities and make their own choices, they lead more prosperous, happier and healthier lives,” the statement said.</p>
<p><strong>Nepal’s Ranking</strong></p>
<p>With an overall score of 6.53 (in a scale of 1 to 10 where a higher value indicates a higher level of economic freedom), Nepal ranked 102nd out of 162 jurisdictions in this year’s index. With this, Nepal has climbed five notches up in the global ranking. Last year, Nepal ranked 107th out of 159 jurisdictions with a score of 6.50. The year before, Nepal had ranked 108th out of 157 jurisdictions with a score of 6.45.</p>
<p>Nepal’s scores in key components of economic freedom are:</p>
<p> Size of government: dropped to 7.9 from 8.1 in the last year’s report</p>
<p> Legal system and property rights: climbed to 4.6 from 4.5</p>
<p> Access to sound money: as it was, on 6.4</p>
<p> Freedom to trade internationally: slid to 6.6 from 6.8</p>
<p> Regulation of credit, labour and business: climbed to 7.1 from 6.7</p>
<p> </p>
<p>Of the 24 sub-indicators within these five indicators studied in the report, Nepal climbed up in seven, slid below in five and maintained its last year’s position on 12.</p>
<p><strong>International Rankings</strong></p>
<p>Hong Kong and Singapore again occupied the top two positions respectively. New Zealand, Switzerland, Ireland, the United States, Georgia, Mauritius, the United Kingdom, Australia and Canada were tied for the 10 th position.</p>
<p>The 10 lowest-ranked countries are Sudan, Guinea-Bissau, Angola, Central African Republic, Republic of Congo, Syria, Algeria, Argentina, Libya and last-placed Venezuela. Some despotic countries such as North Korea and Cuba can’t be ranked due to lack of data.</p>
<p>Other notable countries include Germany (20th), Japan (41st), France (57th), Russia (87th), India (96th) and China (108th).</p>
<p>The Fraser Institute produces the annual Economic Freedom of the World report in cooperation with the Economic Freedom Network, a group of independent research and educational institutes in nearly 100 nations and territories. Samriddhi Foundation is member of the Economic Freedom Network and is a co-publisher of the report in Nepal. The Economic Freedom of the World Report is world’s premier measurement of economic freedom, measuring and ranking countries in five areas: 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.</p>
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<p>According to research in top peer-reviewed academic journals, people living in countries with high levels of economic freedom enjoy greater prosperity, more political and civil liberties, and longer lives, the statement said. And life expectancy is 79.5 years in the top quartile of countries compared to 64.4 years in the bottom quartile.</p>
<p>“Where people are free to pursue their own opportunities and make their own choices, they lead more prosperous, happier and healthier lives,” the statement said.</p>
<p><strong>Nepal’s Ranking</strong></p>
<p>With an overall score of 6.53 (in a scale of 1 to 10 where a higher value indicates a higher level of economic freedom), Nepal ranked 102nd out of 162 jurisdictions in this year’s index. With this, Nepal has climbed five notches up in the global ranking. Last year, Nepal ranked 107th out of 159 jurisdictions with a score of 6.50. The year before, Nepal had ranked 108th out of 157 jurisdictions with a score of 6.45.</p>
<p>Nepal’s scores in key components of economic freedom are:</p>
<p> Size of government: dropped to 7.9 from 8.1 in the last year’s report</p>
<p> Legal system and property rights: climbed to 4.6 from 4.5</p>
<p> Access to sound money: as it was, on 6.4</p>
<p> Freedom to trade internationally: slid to 6.6 from 6.8</p>
<p> Regulation of credit, labour and business: climbed to 7.1 from 6.7</p>
<p> </p>
<p>Of the 24 sub-indicators within these five indicators studied in the report, Nepal climbed up in seven, slid below in five and maintained its last year’s position on 12.</p>
<p><strong>International Rankings</strong></p>
<p>Hong Kong and Singapore again occupied the top two positions respectively. New Zealand, Switzerland, Ireland, the United States, Georgia, Mauritius, the United Kingdom, Australia and Canada were tied for the 10 th position.</p>
<p>The 10 lowest-ranked countries are Sudan, Guinea-Bissau, Angola, Central African Republic, Republic of Congo, Syria, Algeria, Argentina, Libya and last-placed Venezuela. Some despotic countries such as North Korea and Cuba can’t be ranked due to lack of data.</p>
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<p>According to research in top peer-reviewed academic journals, people living in countries with high levels of economic freedom enjoy greater prosperity, more political and civil liberties, and longer lives, the statement said. And life expectancy is 79.5 years in the top quartile of countries compared to 64.4 years in the bottom quartile.</p>
<p>“Where people are free to pursue their own opportunities and make their own choices, they lead more prosperous, happier and healthier lives,” the statement said.</p>
<p><strong>Nepal’s Ranking</strong></p>
<p>With an overall score of 6.53 (in a scale of 1 to 10 where a higher value indicates a higher level of economic freedom), Nepal ranked 102nd out of 162 jurisdictions in this year’s index. With this, Nepal has climbed five notches up in the global ranking. Last year, Nepal ranked 107th out of 159 jurisdictions with a score of 6.50. The year before, Nepal had ranked 108th out of 157 jurisdictions with a score of 6.45.</p>
<p>Nepal’s scores in key components of economic freedom are:</p>
<p> Size of government: dropped to 7.9 from 8.1 in the last year’s report</p>
<p> Legal system and property rights: climbed to 4.6 from 4.5</p>
<p> Access to sound money: as it was, on 6.4</p>
<p> Freedom to trade internationally: slid to 6.6 from 6.8</p>
<p> Regulation of credit, labour and business: climbed to 7.1 from 6.7</p>
<p> </p>
<p>Of the 24 sub-indicators within these five indicators studied in the report, Nepal climbed up in seven, slid below in five and maintained its last year’s position on 12.</p>
<p><strong>International Rankings</strong></p>
<p>Hong Kong and Singapore again occupied the top two positions respectively. New Zealand, Switzerland, Ireland, the United States, Georgia, Mauritius, the United Kingdom, Australia and Canada were tied for the 10 th position.</p>
<p>The 10 lowest-ranked countries are Sudan, Guinea-Bissau, Angola, Central African Republic, Republic of Congo, Syria, Algeria, Argentina, Libya and last-placed Venezuela. Some despotic countries such as North Korea and Cuba can’t be ranked due to lack of data.</p>
<p>Other notable countries include Germany (20th), Japan (41st), France (57th), Russia (87th), India (96th) and China (108th).</p>
<p>The Fraser Institute produces the annual Economic Freedom of the World report in cooperation with the Economic Freedom Network, a group of independent research and educational institutes in nearly 100 nations and territories. Samriddhi Foundation is member of the Economic Freedom Network and is a co-publisher of the report in Nepal. The Economic Freedom of the World Report is world’s premier measurement of economic freedom, measuring and ranking countries in five areas: 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.</p>
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<p>According to research in top peer-reviewed academic journals, people living in countries with high levels of economic freedom enjoy greater prosperity, more political and civil liberties, and longer lives, the statement said. And life expectancy is 79.5 years in the top quartile of countries compared to 64.4 years in the bottom quartile.</p>
<p>“Where people are free to pursue their own opportunities and make their own choices, they lead more prosperous, happier and healthier lives,” the statement said.</p>
<p><strong>Nepal’s Ranking</strong></p>
<p>With an overall score of 6.53 (in a scale of 1 to 10 where a higher value indicates a higher level of economic freedom), Nepal ranked 102nd out of 162 jurisdictions in this year’s index. With this, Nepal has climbed five notches up in the global ranking. Last year, Nepal ranked 107th out of 159 jurisdictions with a score of 6.50. The year before, Nepal had ranked 108th out of 157 jurisdictions with a score of 6.45.</p>
<p>Nepal’s scores in key components of economic freedom are:</p>
<p> Size of government: dropped to 7.9 from 8.1 in the last year’s report</p>
<p> Legal system and property rights: climbed to 4.6 from 4.5</p>
<p> Access to sound money: as it was, on 6.4</p>
<p> Freedom to trade internationally: slid to 6.6 from 6.8</p>
<p> Regulation of credit, labour and business: climbed to 7.1 from 6.7</p>
<p> </p>
<p>Of the 24 sub-indicators within these five indicators studied in the report, Nepal climbed up in seven, slid below in five and maintained its last year’s position on 12.</p>
<p><strong>International Rankings</strong></p>
<p>Hong Kong and Singapore again occupied the top two positions respectively. New Zealand, Switzerland, Ireland, the United States, Georgia, Mauritius, the United Kingdom, Australia and Canada were tied for the 10 th position.</p>
<p>The 10 lowest-ranked countries are Sudan, Guinea-Bissau, Angola, Central African Republic, Republic of Congo, Syria, Algeria, Argentina, Libya and last-placed Venezuela. Some despotic countries such as North Korea and Cuba can’t be ranked due to lack of data.</p>
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<p>According to research in top peer-reviewed academic journals, people living in countries with high levels of economic freedom enjoy greater prosperity, more political and civil liberties, and longer lives, the statement said. And life expectancy is 79.5 years in the top quartile of countries compared to 64.4 years in the bottom quartile.</p>
<p>“Where people are free to pursue their own opportunities and make their own choices, they lead more prosperous, happier and healthier lives,” the statement said.</p>
<p><strong>Nepal’s Ranking</strong></p>
<p>With an overall score of 6.53 (in a scale of 1 to 10 where a higher value indicates a higher level of economic freedom), Nepal ranked 102nd out of 162 jurisdictions in this year’s index. With this, Nepal has climbed five notches up in the global ranking. Last year, Nepal ranked 107th out of 159 jurisdictions with a score of 6.50. The year before, Nepal had ranked 108th out of 157 jurisdictions with a score of 6.45.</p>
<p>Nepal’s scores in key components of economic freedom are:</p>
<p> Size of government: dropped to 7.9 from 8.1 in the last year’s report</p>
<p> Legal system and property rights: climbed to 4.6 from 4.5</p>
<p> Access to sound money: as it was, on 6.4</p>
<p> Freedom to trade internationally: slid to 6.6 from 6.8</p>
<p> Regulation of credit, labour and business: climbed to 7.1 from 6.7</p>
<p> </p>
<p>Of the 24 sub-indicators within these five indicators studied in the report, Nepal climbed up in seven, slid below in five and maintained its last year’s position on 12.</p>
<p><strong>International Rankings</strong></p>
<p>Hong Kong and Singapore again occupied the top two positions respectively. New Zealand, Switzerland, Ireland, the United States, Georgia, Mauritius, the United Kingdom, Australia and Canada were tied for the 10 th position.</p>
<p>The 10 lowest-ranked countries are Sudan, Guinea-Bissau, Angola, Central African Republic, Republic of Congo, Syria, Algeria, Argentina, Libya and last-placed Venezuela. Some despotic countries such as North Korea and Cuba can’t be ranked due to lack of data.</p>
<p>Other notable countries include Germany (20th), Japan (41st), France (57th), Russia (87th), India (96th) and China (108th).</p>
<p>The Fraser Institute produces the annual Economic Freedom of the World report in cooperation with the Economic Freedom Network, a group of independent research and educational institutes in nearly 100 nations and territories. Samriddhi Foundation is member of the Economic Freedom Network and is a co-publisher of the report in Nepal. The Economic Freedom of the World Report is world’s premier measurement of economic freedom, measuring and ranking countries in five areas: 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.</p>
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'image' => null,
'article_date' => '2018-09-26 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '20'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '20',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'nroy@newbusinessage.com',
'name' => 'Neeraj Roy',
'email' => 'nroy@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '1',
'created' => '0000-00-00 00:00:00',
'last_login' => '0000-00-00 00:00:00',
'ip' => ''
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '9172',
'hit' => '1103'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$xml = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
