Algeria is one of the worst countries in the world for economic freedom according the latest ranking issued in the Economic Freedom of the World: 2017 Annual Report. The figures, compiled by Canadian think tank the Fraser Institute, rank countries according to access to a free market, free trade and entrepreneurial freedom. These criteria are grouped into five main groups: size of government (expenditure, size of state controlled enterprises, taxation, etc.), legal system and property rights, inflation, freedom of trade at the international level and regulation of credit, labour and business. The five criteria have a total of 42 distinct variables, each scored on a scale from 0 to 10 points. Algeria ranked 156 out of 159 countries in the list […]
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