4 Comments on “Economic Freedom”

1. O. Bule Says:
   December 5th, 2006 at 10:45 am

   Until Indonesia truly embraces FREE enterprise, it will remain a third world country.

   O. Bule

2. twenty goin thirty Says:
   December 7th, 2006 at 1:48 pm

   hey, can anyone give me the full list with other countries in comparison too?

3. Deacon Says:
   December 11th, 2006 at 9:28 am

   An increase in economic freedom doesn’t necessarily imply that people become more free.

   Economic freedom could be increased by:
   - lowering tariffs, making it impossible for some emerging industries to develop. If tariffs were to remain, those emerging industries might become fully developed to a point where they no longer need tariffs.
   - cutting education spending, making it impossible for some families to afford to educate their children. Children who grow up without an adequate education would have fewer job prospects, be less productive and be more prone to exploitation.
   - deregulation, such as removing the minimum wage (for enforcing something that is close to a fair days pay for a fair days work) or having no restrictions on business mergers.
   - allow foreigners to buy up all productive assets and land.
   - allowing sweatshop conditions and child labour to exist.

4. Jimmy Asmara Says:
   January 13th, 2007 at 10:07 pm

   Stop corruption and Indonesia will be well off one day but not too soon anyway, May be when the world is ending , it will probably reached the 133rd spot. Just hang in there and be patient.

Your view on “Economic Freedom” :

Name

Email address

Notify me of followup comments via e-mail.