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Roadmap to Economic Freedom and Economic Reforms
5. Economic Freedom in the Arab World Conference
Cairo, Marriott Hotel Zamalek
November 1-2, 2010
Economic Reform and Economic Freedom in
Western Europe:
Facts and Comments from a liberal perspective
Dr. Detmar Doering
Liberal Institute of the Friedrich-Naumann-Foundation for Liberty
0
1
2
3
4
5
6
7
8
9
Austria
Belgium
Bulgaria
Cyprus
CzechRepublic
Denmark
Estonia
Finland
France
Germany
Greece
Hungary
Ireland
Italy
Latvia
Lithuania
Luxemburg
Malta
Netherlands
Poland
Portugal
Romania
Slovakia
Slovenia
Spain
Sweden
UnitedKingdom
Worldaverage
EF-rating EU
EF-rating world average
0
1
2
3
4
5
6
7
8
9
Romania
Slovenia
Italy
CzechRepublic
Poland
Greece
Latvia
Lithuania
Malta
Portugal
Belgium
Bulgaria
Spain
France
Sweden
Hungary
Netherlands
Germany
Cyprus
Luxemburg
Finland
Slovakia
Austria
Estonia
Ireland
Denmark
UnitedKingdom
Worldaverage
EF-rating EU
EF-rating world average
0
1
2
3
4
5
6
7
81980
1985
1990
1995
2000
2005
2007
2008
World average rating
EU average rating
"OldEurope" average
"New Europe"
average since 1995
Economic Freedom since 1980
0
20
40
60
80
100
120
140
1980 1985 1990 1995 2000 2005 2007 2008
United Kingdom
Germany
France
Greece
Italy
Estonia
Romania
Ranking compared….
6,02
8,37 8,56
7,63
7,89
0
1
2
3
4
5
6
7
8
9
Size of
Gov't
Legal
System
Sound
Money
Freedom to
trade
Regulation
Rating/Areas
United Kingdom: Strengths and Weaknesses
5,64
8,17
9,51
7,7
6,25
0
1
2
3
4
5
6
7
8
9
10
Size of
Gov't
Legal
System
Sound
Money
Freedom to
trade
Regulation
Rating/Areas
Germany: Strengths and Weaknesses
5,43
6,26
8,91
7,3
7,01
0
1
2
3
4
5
6
7
8
9
10
Size of
Gov't
Legal
System
Sound
Money
Freedom to
trade
Regulation
Rating/Areas
France: Strengths and Weaknesses
6,7
6,14
9,6
6,39
5,91
0
2
4
6
8
10
12
Size of
Gov't
Legal
System
Sound
Money
Freedom to
trade
Regulation
Rating/Areas
Greece: Strengths and Weaknesses
5,71 5,67
9,48
7,11
5,77
0
1
2
3
4
5
6
7
8
9
10
Size of
Gov't
Legal
System
Sound
Money
Freedom to
trade
Regulation
Rating/Areas
Italy: Strengths and Weaknesses
6,79
7,21
9,08
7,95
7,62
0
1
2
3
4
5
6
7
8
9
10
Size of
Gov't
Legal
System
Sound
Money
Freedom to
trade
Regulation
Rating/Areas
Estonia: Strengths and Weaknesses
4,64
5,86
8,24
7,43
6,72
0
1
2
3
4
5
6
7
8
9
Size of
Gov't
Legal
System
Sound
Money
Freedom to
trade
Regulation
Rating/Areas
Romania: Strengths and Weaknesses
0
2
4
6
8
10
12
Size of Gov't Legal System Sound Money Freedom to
trade
Regulation
1980
1985
1990
1995
2000
2005
2007
2008
UK: Strengths and Weaknesses in Historical Perspective
0
2
4
6
8
10
12
Size of Gov't Legal System Sound Money Freedom to
trade
Regulation
1980
1985
1990
1995
2000
2005
2007
2008
Italy: Strengths and Weaknesses in Historical Perspective
-20
-15
-10
-5
0
5
EU27
"OldEurope"
"New
Europe"
Malta
Ireland
Poland
Latvia
Growth rate in %
(2009)
-4,2 -4,08 -8,4 -2,1 -7,6 -18
1,7
European Growth rates
-6,65
-4,83 -4,77
-6,13
-5,52
-7
-6
-5
-4
-3
-2
-1
0
most free most free
without
Estonia
2nd
quartile
3rd
quartile
unfree
Growth rates in %
(2009)
Säule 3
Economic Freedom and Growth in Europe
-7
-6
-5
-4
-3
-2
-1
0
most free 2 least free
Growth rate in %
(2009)
Economic Freedom and Growth in Europe II
… but we love freedom!
That‘s all!

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