November 1, 2012

The Index of Economic Freedom

Heritage Foundation, Heritage Foundation

AP Photo

The Heritage Foundation has been tracking and ranking trade freedom around the world since 1995. The rankings have consistently shown a correlation between trade freedom and improved lives for people around the world—and vice versa. The latest rankings, in the forthcoming 2013 Index of Economic Freedom, once again confirm that connection. For that reason, it is a matter of concern that the worldwide trade freedom score has not improved over the past year. The United States used to be a free trade leader, serving as an example to other countries. It can, and should, be a leader again. This Special Report describes which trade policies are helpful, which are harmful, and what the U.S. Congress can do now to put the U.S. back on a path to free trade leadership.

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TAGGED: global economy

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