Which of the following statements is/are correct regarding the Economic Freedom of the World 2025 Report?
1. The report is co-published by the Cato Institute and the Fraser Institute.
2. Hong Kong lost its top position in the 2025 ranking due to the deterioration of its legal system following the 2020 national security law.

Question

Accepted Answer

1 only — Statement 1 is correct as the Cato Institute and Fraser Institute co-publish the report. Statement 2 is incorrect because Hong Kong retained its 1st rank globally, even though the report noted a long-term decline in its legal system and property rights scores.

Publication of Economic Freedom of the World 2025

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