Global Economic Freedom Agenda

2015 Global Agenda for Economic Freedom, section on "Europe," with other Heritage authors, Heritage Foundation Special Report #160, August 26, 2015. "The promotion of economic freedom at home and abroad is essential not only for a genuine and sustained revitalization of the U.S. economy, but also to strengthen U.S. national security. In 2010, the United States fell from the highest category of economically free countries in the Index of Economic Freedom and has been stuck in the ranks of the “mostly free,” second-tier economic freedom category ever since. The message for the U.S. in the 2015 edition of the Index is simple: to avoid further decline Americans must press for more economic freedom at home and abroad. This Heritage Foundation Special Report describes in detail concrete plans to promote global economic freedom. It describes many actions that nations around the world need to take, and offers Washington a blueprint for a practical and effective global strategy. American leadership can be decisive in promoting property rights and anti-corruption measures in other countries. In addition, the report urges the U.S. government to pursue more vigorously agreements with partner countries around the world that reduce barriers to trade and investment, as opposed to any that might only create additional regulatory hurdles to doing business. It also stresses the importance for all governments (including in the U.S.) to promote opportunity for all and to identify and reduce support for state-owned enterprises that are breeding grounds for cronyism and favoritism. This global agenda can and should be implemented—starting today."