institutional quality

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Index of Economic Freedom

Creators: The Heritage Foundation
Publication Date: February 2026
Creators: The Heritage Foundation

The Heritage Foundation’s Index of Economic Freedom provides annual country-level scores measuring economic freedom across 12 quantitative and qualitative factors grouped into four pillars: rule of law, government size, regulatory efficiency, and open markets. The index covers over 180 countries and is widely used in international business and institutional economics research to measure country-level institutional quality.

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