Friday, January 19, 2007

The world, including Turkey, needs more economic freedom - Turkish Daily News Jan 19, 2007

"The world, including Turkey, needs more economic freedom
Friday, January 19, 2007

A new ranking of countries by levels of economic freedom shows how few are adopting good policies—including Turkey. But the good news is that a �20/20 analysis� of economic performance reveals that poorer countries with good policies grow faster than rich ones and that growth feeds on growth.Our analysis, Habits Of Highly Effective Countries, simply takes the 20 best and the 20 worst economic performers and examines how they became best or worst. We can demonstrate how poor countries could be rich in less than a generation if they adopted the tried and effective policies of developing countries with high growth.The Wall Street Journal/Heritage Foundation's 2007 Index of Economic Freedom puts Turkey at 83rd out of 157 countries, below Lebanon and Romania, flanked by Kenya and Sri Lanka. To shoot rapidly up the list, Turkey need only imitate the policies that have encouraged growth."

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