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Release of the 2012 Economic Freedom of the World Report

MEDIA EVENT
Tuesday, September 18, 2012
Noon (Luncheon to Follow)

Featuring: co-author Robert Lawson, Fullinwider Chair in Economic Freedom, Southern Methodist University; co-author James Gwartney, director, Stavros Center for the Advancement of Free Enterprise and Economic Education, Florida State University; and Ian Vasquez, director, Center for Global Liberty and Prosperity, Cato Institute.

National Press Club, 529 14th Street NW, Washington, D.C.

Economic Freedom of the World

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Objective analysis reveals a direct, consistent relationship between the restrictiveness of a nation's economic policies and its level of wealth: more freedom, more prosperity. The Economic Freedom of the World report annually evaluates and grades these policies utilizing data from sources such as the International Monetary Fund, World Bank, and World Economic Forum.

This year's edition, the 16th, is marked by many interesting changes in the rankings as governments have continued to cope with the fallout of the global economic crisis. A number of the world's largest economies have succumbed to the temptation of increased economic central planning and deficit spending — most noteably the United States — and have tumbled in the rankings accordingly. Many smaller countries have managed to stay the course of fiscal and regulatory discipline, however, and have been rewarded both in their rate of growth and their ranking in this year's report.