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In Depth October 30, 2008, 5:00PM EST

Land of the Free?

Where the U.S. ranks as a free-market economy

Openness to Capital Flows Low Trade Barriers Absence of Distortions
from Taxes/Subsidies
1. Hong Kong 1. Hong Kong 1. Hong Kong
2. Mauritius 2. Singapore 2. Singapore
3. Sweden 3. New Zealand 3. Chile
4. Iceland 4. Chile 4. Iceland
5. Finland 5. Finland 5. South Africa
6. Singapore 6. Slovak Republic 6. New Zealand
7. Estonia 7. Sweden 7. Norway
8. Germany 8. Ireland 8. Estonia
9. Switzerland 9. Czech Republic 9. Ireland
10. Denmark 10. Denmark 10. Netherlands
11. Uruguay 11. Austria 11. Australia
12. Netherlands 12. Latvia 12. Peru
13. New Zealand 13. Australia 13. Sweden
14. Austria 14. Estonia 14. Switzerland
15. Slovak Republic 15. Netherlands 15. China
16. Latvia 16. Belgium 16. Nigeria
17. Trinidad & Tobago 17. Israel 17. Guatemala
18. Panama 18. France 18. Austria
19. Canada 19. Jamaica 19. Mauritius
20. U.S. 20. Portugal 20. Costa Rica
21. Ireland 21. U.S. 21. Denmark
22. Czech Republic 22. Mauritius 22. Jordan
23. Jordan 23. Slovenia 23. Slovenia
24. Chile 24. Canada 24. Finland
25. Guatemala 25. Britain 25. Latvia
26. Belgium 26. Hungary 26. Uruguay
27. Peru 27. Greece 27. France
28. Israel 28. Germany 28. Taiwan
29. Turkey 29. Indonesia 29. Thailand
30. Indonesia 30. Lithuania 30. Israel
31. Hungary 31. Italy 31. Malaysia
32. France 32. Spain 32. Indonesia
33. Britain 33. Peru 33. South Korea
34. Jamaica 34. South Africa 34. Canada
35. Poland 35. Mexico 35. U.S.

Data: Global Competitiveness Report 2008-2009

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