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2014 Ranking

Rank Country Total
1 Croatia 62.51
2 Montenegro 61.41
3 Greece 58.22
4 Serbia 56.18
5 Albania 55.51
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Balkan and Greece Edition 2014 now available

Balkan and Greece Edition 2014 now available

09/10/2014

At last, the new Balkan and Greece 2014 Edition of the Freedom Barometer is online. For reading convenience, we offer you a free PDF version of the full publication.

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Freedom of trade in the Balkans

09/10/2014

International trade is very important for both economic growth and prosperity. It enhances production specialization and economy of scale and raises productivity, thus lowering production costs. This leads to lower prices and higher quality of products and services. Companies competing in a closed economy are less prone to innovation due to protection of high barriers in trade and tariffs which results in lower quality products and higher prices for consumers.

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Serbia-UAE agreements declassified

Serbia-UAE agreements declassified

24/08/2014

he political and legal dispute over the confidentiality of the several agreements that the Government of Serbia had concluded with foreign governments or companies have led to the publishing, in mid-August 2014, of some of those classified documents. Some were meanwhile obviously amended in line with the demands by the European Commission.

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Intra-trade of Western Balkan Countries - helping thy neighbor

Intra-trade of Western Balkan Countries - helping thy neighbor

24/10/2013

Trade freedom is an important element of overall economic freedom. It allows for higher level of specialization than in a closed economy and international division of labor. This drives rise in productivity, allows for economies of scale and lowers overall costs of production of goods and services. Major savings can be made with imports from relatively cheaper countries. Companies facing fierce international competition must always better the quality, innovate and rise productivity to be able to present valuable products to international market. Highly protected, with tariffs and barriers, domestic industries are not instigated to innovate, lower the costs and introduce new products. This is bad for consumers who can buy products at higher purchasing prices.

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Hiring regulation and minimum wage

Hiring regulation and minimum wage

23/10/2013

The general idea behind the labor market regulation is to protect interests of workers and provide rules of conduct for the employers. Therefore, employment laws are usually set to ensure fair treatment and contracting between employers and workers. The problem with employment regulations is that they distort the freedom and flexibility of employers and employees and can have negative effects on the efficiency of the labor market.

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Freedom Barometer is a project organised by the European Liberal Forum (ELF) with the support of the Friedrich Naumann Foundation for Freedom and the Centre for Liberal Studies. Funded by the European Parliament.