Is your country economically free?

basic economics, if you are a developing country you can't compete with the larger and more industrialized countries, if you don't protect your markets your citizens will preffer buying imported goods, if they only buy foreign goods your industry will not profit and break down, if your industry breaks down and you aren't some tiny tourist trap island or a fiscal paradise it means your entire country breaks down. there are some economic views wich disagree with this kind of scenario but reality has proven undeveloped countries who missmanage their internal markets colapse and colapse bad.

Is there a single ranking or metrics where Ukraine isn't in the dead end?

which*

we lost first place to singapore
now the only thing we are first in is median housing price to median wage ratio

And amazing when not developed as well, since it helps to speed up the process bringing options and prosperity to everyone. Governments that protect a few local producers at the expense of the huge majority of consumers are trash and so are the people who promote such a vile anti market practice in the name nationalism

>bringing options and prosperity to everyone.
it just raises the buying power of the consumer, it's terrible on the long run.
poor economies can't be fully dependent on more powerfull and more influent foreign currencies and companies, see the recent high deflation of dollar for exemple, you need to have something to balance your own economy otherwise you are fully dependent on a foreign power, their prices and game rules.
see the case of Venezuela, they based their entire economy on a single commoditie while exporting almost everything else, once they couldn't profit from oil they couldn't profit from anything and they couldn't even keep themselves.

Why do our libertards say we're basically venezuela?

>commoditie while exporting almost everything else
while Importing*

Except that it never happened in real life.
A free economy can't really beat a country like USA where the governments gives subsidies to it's industries or forgive debts

Because this index is a joke.
Countries like Singapore where a single party authoritarian state controls the entire country are considered free

>heritage foundation

Attached: nope.jpg (1190x720, 443.12K)

Venezuela is one of the least economically free countries in the world, your example is shit. On top of that foreign investment can help develop the national industry as well. Thats not possible to do in a closed economy.

Under your premise, subsaharan Africa would be better off closing their economies instead of promoting trade with foreign countries, do you actually believe this for a second?

Funny that's the excuse Americans use against China, hence the tariffs. Also subsidies are only sustainable short term, in the long term they'll bring deficiencies in production and will lose against sounder unsubsidized industries

That's how it should be on paper but doesn't happen in practice . Almost every cunt in SA has ridiculous tariffs for some imports with absolutely 0 (zero) industry to produce the same.

Land area, natural resources, levels of butthurt

>Venezuela is one of the least economically free countries in the world
it is, now.
remember then Chavez decided to to redistribute the wealth brought by PDSA, which raised the buying power of the Venezuelan underclass, which lead to a high on the imports of products comming from Panama as an better alternative than the locally produced goods, which lead to the degradation of the local industry. combining those you have a deficit and the Venezuelan governament adopting extremelly protectionist policies to stop the fuckery they did, making the country almost inacessible for business and even worse than that, making everything scarce. they tyed injecting money on the economy in order to recover it (but failing) and then appealing to high taxation, only creating inflation throught money printing and making the establishment of business even harder for locals, making their situation worse and worse thought time.
Venezuela is probably the most retarded exemple of mismanagement since Zimbabwe

inequality

adopting protectionist policies doesn't mean going full radical into it. we need to be pragmatical and protect what really matters while creating a path for producing what we don't in the future. I agree with you in the part there's no sense in protecting an industry sector if such sector is inexistent
at least this is that I think

that index is about economic freedom, not about political freedom. If that "benevolent" dictatorship allows people to freely trade with whoever they wish, then it is indeed a freer country than a lot of so-called democracies in the west

No, it's filled with communists.

kill yourself neolibtard

I'm not a neolibtard, but being a neolibtard is lower in the retard scale compared to commies

Unfortunately.