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  13.01.2012   19:44   +Feedback

Good News: Sub-Saharan Africa most improved Region in Index of Economic Freedom

Yesterday, Heritage’s 2012 Index of Economic Freedom was released, and Africa features prominently. With an average score gain of 0.2 points, reflecting a net gain of economic freedom in 22 countries, sub-Saharan Africa is once again the most improved region. While scores of Western nations have seen their ratings plummet (including the United States), Africa has made noticeable progress. The small island nation of Mauritius (#8) is the first African country to break into the top 10 rankings (Germany #26). Botswana (#33), Rwanda (#59) and Cape Verde (#66) have also made substantial gains as structural reforms have supported economic expansion, leading to a reduction in poverty. More here

(Dr. Benny Peiser)


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