2016 Index of Economic Freedom: Yet More Evidence of Free Trade’s Benefits
The latest rankings of trade freedom around the world, included in the forthcoming 2016 Index of Economic Freedom, confirm that citizens of countries that embrace free trade are better off than those in countries that do not. The data continue to show a strong correlation between trade freedom and a variety of positive indicators, including economic prosperity, low poverty rates, and clean environments. Reducing barriers to open markets remains a proven recipe for prosperity. Governments interested in higher economic growth, less hunger, and better environmental quality should increase trade freedom.