India, China ranked ‘unfree’ in Economic Freedom index

India, China ranked ‘unfree’ in Economic Freedom index

Asia’s two economic giants, India and China, have been rated “unfree” and ranked 120th and 137th respectively, in the 2014 Index of Economic Freedom by US think tank Heritage Foundation and the Wall Street Journal. “The foundations for long-term economic development continue to be fragile in the absence of effectively functioning legal frameworks,” the editors […]