Study
| EST. READ TIME 1 MIN.Albertans enjoy highest levels of economic freedom in Canada while rest of the nation falls far behind
This is the fifth edition of the annual report, Economic Freedom of North America . The statistical results of this year's study persuasively confirm those published in the previous four editions; economic freedom is a powerful driver of growth and prosperity. Those provinces and states that have low levels of economic freedom continue to leave their citizens poorer than they need or should be.
The index published in Economic Freedom of North America rates economic freedom on a 10-point scale at two levels, the subnational and the all-government. At the all-government level, the index captures the impact of restrictions on economic freedom by all levels of government (federal, state/provincial, and municipal/local). At the subnational level, it captures the impact of restrictions by state or provincial and local governments. Economic Freedom of North America employs 10 components in three areas: 1) Size of Government; 2) Takings and Discriminatory Taxation; and 3) Labour Market Freedom.
Share
-
Amela Karabegovic
Amela Karabegovi is a former Senior Economist of the Fraser Institute. She holds a B.M. (Great Distinction) in General Managementfrom the University of Lethbridge in Alberta and an M.A. in Economics from Simon Fraser University in British Columbia. She was a coauthor of the Economic Freedom of North America , Economic Freedom of the Arab World , Myths and Realities of TILMA , Transparency of Labour Relations Boards in Canada and the United States , Measuring Labour Markets in Canada and the United States , Measuring the Flexibility of Labour Relations Laws in Canada and the United States , Tax and Expenditure Limitations: The Next Step in Fiscal Discipline , and the Prosperity Series-Ontario .… Read more Read Less… -
Fred McMahon
Resident Fellow, Dr. Michael A. Walker Chair in Economic FreedomFred McMahon is a Fraser Institute Resident Fellow and holder of the Dr. Michael A. Walker Chair in Economic Freedom.He has an M.A. in Economics from McGill University. Mr. McMahon manages the Economic Freedom of the World Project and coordinates the Economic Freedom Network, an international alliance of over 100 think tank partners in about 100 nations and territories. His research focuses on global issues such as development, trade, governance and economic structure. Mr. McMahon is the author of numerous research articles and several books including, Looking the Gift Horse in the Mouth: The Impact of Federal Transfers on Atlantic Canada, which won the Sir Antony Fisher International Memorial Award for advancing public policy debate, Road to Growth: How Lagging Economies Become Prosperous, and Retreat from Growth: Atlantic Canada and the Negative Sum Economy.He has written for numerous publications including the European Journal of Political Economy, the SAIS Journal (School of Advanced International Studies, Johns Hopkins University), the Wall Street Journal, Policy Options, National Post, Time (Canada), Globe and Mail, Ottawa Citizen, and most other major Canadian newspapers. Research articles he has recently authored or co-authored include: Economic Freedom of North America, Quebec Prosperity: Taking the Next Step, The Unseen Wall: The Fraser Institute's Annual Trade Survey, and Economic Freedom of the Arab World.… Read more Read Less…
Related Topics
Related Articles
By: Livio Di Matteo
By: Jake Fuss and Grady Munro
By: Jake Fuss and Grady Munro