Title page
Contents
EXECUTIVE SUMMARY 5
1. THE 2023 FREEDOM AND PROSPERITY INDEXES 7
2. RESULTS 12
3. KEY TAKEAWAYS 32
4. CONCLUSION AND POLICY RECOMMENDATIONS 40
AUTHORS AND TECHNICAL ADVISERS 41
APPENDIX 1: FREEDOM AND PROSPERITY INDEXES METHODOLOGY 42
APPENDIX 2: LIST OF PARTICIPANTS TO THE 2023 FREEDOM AND PROSPERITY RESEARCH CONFERENCE 47
ENDNOTES 48
Figure 1. Freedom Index Structure 9
Figure 2. Prosperity Index Structure 11
Figure 3. Freedom Index Map and Ranking Table 12
Figure 4. Freedom in the World (1995-2022) 15
Figure 5. Political Freedom Dimensions (1995-2022) 15
Figure 6. Economic Freedom Dimensions (1995-2022) 16
Figure 7. Legal Freedom Dimensions (1995-2022) 16
Figure 8. Average Freedom by Region (1995-2022) 18
Figure 9. Dimensions of Freedom in Sub-Saharan Africa (1995-2022) 19
Figure 10. Dimensions of Freedom in the MENA Region (1995-2022) 19
Figure 11. Prosperity Index Map and Ranking Table 20
Figure 12. Prosperity Index Dimensions (1995-2022) 22
Figure 13. Prosperity across Regions (1995-2022) 23
Figure 14. Prosperity Dimensions for Europe and the United States (1995-2022) 25
Figure 15. Prosperity Dimensions for Each Region (1995-2022) 26
Figure 16. Biggest Improvers and Decliners (Freedom Score, 1995-2022) 29
Figure 17. Biggest Improvers and Decliners (Prosperity Score, 1995-2022) 30
Figure 18. The Correlation between Freedom and Prosperity in 2022 32
Figure 19. The Causal Relation of Freedom Level in 1995 and Prosperity Level in 2022 33
Figure 20. The Causal Relation-Freedom and Prosperity Changes (1995 to 2022) 34
Figure 21. Side-by-Side Charts of Some Ex-USSR Republics 36
Figure 22. Side-by-Side Charts of Peru and Venezuela 37
Figure 23. Side-by-Side Charts of Burundi and Rwanda 39