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Reuters-Myanmar stood 123rd positio

Subject: Reuters-Myanmar stood 123rd position

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Economies most free in Hong Kong, Singapore-study=20
11:22 p.m. Jan 10, 2000 Eastern=20
WASHINGTON, Jan 10 (Reuters) - Hong Kong and Singapore have the most =
free economies in the world, according to a ranking of 123 countries =
published on Monday.=20

The study by the Washington-based Cato Institute and Canada's Fraser =
Institute said the two Asian economies shared the number one ranking, =
followed in descending order by New Zealand, the United States and =
Britain.=20

Other economies ranked near the top included Ireland in sixth position, =
Canada and Australia sharing the seventh position and the Netherlands, =
Luxembourg and Switzerland sharing the ninth position.=20

At the bottom of the table stood Myanmar, formerly known as Burma, =
ranked in the 123rd position.=20

The economies are ranked according to seven categories which include =
size of government, structure of the economy, monetary policy and price =
stability, freedom to use alternative currencies, security of private =
ownership, freedom of trade and freedom of capital markets.=20





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<DIV><FONT face=3DArial size=3D2><FONT size=3D+1><STRONG>Economies most =
free in Hong=20
Kong, Singapore-study</STRONG></FONT> <BR>11:22 p.m. Jan 10, 2000 =
Eastern=20
<P>WASHINGTON, Jan 10 (Reuters) - Hong Kong and Singapore have the most =
free=20
economies in the world, according to a ranking of 123 countries =
published on=20
Monday.=20
<P>The study by the Washington-based Cato Institute and Canada's Fraser=20
Institute said the two Asian economies shared the number one ranking, =
followed=20
in descending order by New Zealand, the United States and Britain.=20
<P>Other economies ranked near the top included Ireland in sixth =
position,=20
Canada and Australia sharing the seventh position and the Netherlands,=20
Luxembourg and Switzerland sharing the ninth position.=20
<P>At the bottom of the table stood Myanmar, formerly known as Burma, =
ranked in=20
the 123rd position.=20
<P>The economies are ranked according to seven categories which include =
size of=20
government, structure of the economy, monetary policy and price =
stability,=20
freedom to use alternative currencies, security of private ownership, =
freedom of=20
trade and freedom of capital markets.=20
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