The economy of Hong Kong has been applauded as world’s freest economy in accordance with the ranking conducted by Heritage Foundation, a U.S based entity. Hong Kong has been awarded the status above its opponents Australia and Singapore.
With the news flashing in the global market, expectations from the economy too has risen in a major way. With more and more employment prospects expected to come in the coming future, job aspirants can see an unexplored gold-mine lying in front of them – be it making investment in Hong Kong, starting own business or digging into some brilliant job offers – Hong Kong is geared up to offer all!
The country managed to get a score of 89.7, which in itself outcrosses the average score of the world – 59.7! That in itself is positive news for prospective immigrants to Hong Kong.
According to the report, Hong Kong managed to portray a high level of rigidity at the time of financial recession that stuck at the global level. The country in itself serves as one of the most competitive financial and business centers on the planet. One of the biggest boosts that led to country’s ranking is the freedom in finance and trade witnessed in Hong Kong’s economy.
Other factors affecting the ranking are investment freedom along with business and monetary freedom and property rights.
Top five countries in the list are Hong Kong, Singapore, Australia, New Zealand and Switzerland.