Economic Freedom (EF) | This variable refers to the ability to prosper through the free exercise of economic activity while letting others do the same. The principles of economic freedom generate long-lasting economic growth, opportunity and prosperity that should contribute to enhance the financial stability of the banking system. | Investment freedom index (IF): A variety of investment restrictions (burdensome bureaucracy, restrictions on land ownership, expropriation of investments without fair compensation, foreign exchange controls, capital control, security problems, a lack of basic investment infrastructure, etc.).
Property rights index (PR): The degree to which a country’s laws protect private property rights and the degree to which its government enforces those laws. and businesses to enforce contracts. | IF: Positive PR: Positive |