13.07.2015 Views

Arab Knowledge Report 2009: Towards Productive

Arab Knowledge Report 2009: Towards Productive

Arab Knowledge Report 2009: Towards Productive

SHOW MORE
SHOW LESS
  • No tags were found...

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

to the third oil boom, which reached itsclimax between 2006 and 2008, propellingfreedoms to the increase shown over their1999 values.<strong>Arab</strong> countries included in the studyrecorded a noteworthy superiority in onecategory of the Heritage Index, and thatis fiscal freedom. This is attributable tothe low rate of taxation, and indeed itsabsence in a number of <strong>Arab</strong> countries,particularly those of the Gulf (World Bankand International Finance Corporation,2007). The lowest levels of freedomsin this index for <strong>Arab</strong> countries overallare in the categories of property rightsand freedom from corruption, both ofwhich play a vital role in the promotionof business and competitiveness and, as aresult, the enrichment of the knowledgesociety.In addition to the low rate of taxation,fiscal freedom, and the stability of themonetary system, there were some othersuccesses in the business environment inEgypt came amongthe top ten countriesenacting reforms forthe third time in fouryears, particularlyin terms of the taxsystem and the fieldof business start-upFIGURE 2-4Distribution of Economic Freedom in <strong>Arab</strong> Countries, <strong>2009</strong>Number of <strong>Arab</strong> Countires196100-49.9 50-59.9 60-69.9 70-79.9 80-100Repressed Mostly Unfree Moderately Free Mostly Free FreeSource: Heritage Foundation, <strong>2009</strong>FIGURE 2-5Average economic freedom index for seventeen <strong>Arab</strong> countries60.059.559.058.558.057.557.056.556.01999 2000 2001 2002 2003 2004 2005 2006 2007 2008 <strong>2009</strong>Economic FreedomAverageThe Heritage Foundation, <strong>2009</strong>ARAB KNOWLEDGE PERFORMANCE ENVIRONMENTS69

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!