According to the 2022 Economic Freedom Report published by The Heritage Foundation, Turkey fell 31 places in the ranking of the freest economies in just one year. However, Turkey was excluded from the ‘partly free’ countries.
The concept of economic freedom, the definition of which varies from society to society, basically envisages individuals in a society to buy and sell their labor, services and goods as they wish. In a society with economic freedom, the most basic duty of the government is Ensuring the safety of people and property for resolving disputes between people. an impartial, reliable legal system is needed.
When these basic conditions are met, people will be able to decide how they want to spend what they have. It can be seen that countries with high economic freedom have higher growth rates, average incomes, and long average life spans. While Turkey has been among the ‘partly free’ countries in the economic freedom classification, today indicating that the situation has deteriorated further. news has come.
Turkey is no longer ‘partly free’, but ‘mostly not free’:
Washington-based The Heritage Foundation has updated its 2022 Economic Freedom Report. With this update, Turkey ranked 76th last year. Dropped to 107th place in the Economic Freedom League this year. However, Turkey was excluded from the ‘partly free’ countries and included in the group of ‘mostly not free’ countries. The following expressions were used for Turkey in the prepared report:
“Turkish economy economic freedom in the last five years. lost. President Tayyip Erdogan’s party pursued an Islamist agenda and eroded democracy. The country fell into the ‘mostly not free’ category.”
The clues as to why Turkey’s economic freedom was deteriorating were also revealed in the report. According to this, deterioration in financial health, public credibility and sharp decline in rule of law scorescaused the average rating of Turkey to drop. Turkey scored 56.9 out of 100 and fell below both the global and regional averages.
RELATED NEWS
Turkey Out of the Class in Agriculture According to the Sustainable Food Index: Water Management Received 0 Points out of 100
The ranking of 10 countries in which Turkey is located is as follows:
103. Montenegro
104. Togo
105. Rwanda
106. Cambodia
107. Turkey
108. Oman
109. Belize
110. Solomon Islands
111. Fiji
112. South Africa
Free countries:
- Singapore – 84.4
- Switzerland – 84.2
- Ireland – 82
- New Zealand – 80.6
- Luxembourg – 80.6
- Taiwan – 80.1
- Estonia – 80
Non-free countries:
177. North Korea – 3
176. Venezuela – 24.8
175. Cuba – 29.5
174. Sudan – 32
173. Zimbabwe – 33.1
Source :
https://t24.com.tr/haber/turkiye- Ekonomi-ozgurluk-raporu-nda-31-basamak-geriledi-cogunlukla-ozgur-olmayan-ulkeler-kategorisine-dustu,1015704