Moldova has jumped four positions in an economic freedom top worked out by the Fraser Institute from Canada. This country is on position 99 out of 159.
According to the study, Moldova is ahead of Ukraine and Russia, placing themselves on the 135th and 102nd positions, respectively. But we’re much behind Romania, which stays on the 22nd position.
As for ‘successes,’ Moldova scores 9.7 points in the area of bank loan issuing, being on the 19th position in the world.
Things are worse in labor market and business regulations, as Hong Kong, Singapore and New Zealand are on the upper positions in this regard.
Congo, Libya and Venezuela are closing the list. The report measures the degree to which a country’s policies encourage the conomic freedom through 42 indices.