Fiscal stabilisation programs over recent years have limited the fiscal burden of government
employment, but have not addressed severe structural problems of public administration.
0 rating in fiscal burden of government
, which ranks worse than all but 30 countries in the survey, held it back.
The rankings are based on a foundation analysis of 50 economic variables in categories of banking, capital flows and foreign investment, monetary policy, fiscal burden of government
, trade policy, wages and prices, government intervention in the economy, property rights, regulation and black market activity.
Those with the best scores in the 10 categories measured--trade policy, fiscal burden of government
, government intervention in the economy, monetary policy, capital flows and foreign investment, banking and finance, wages and prices, property rights, regulation and informal (or black) market activity--enjoy higher standards of living and higher per capita incomes.