After getting ahead of India in equity market performance, Pakistan is getting ahead of India in another indicator: economic freedom ranking. That’s according to the recent 2017 Index of Economic Freedom ranking, which places Pakistan in 141st position and India at 143th. Published by the Heritage Foundation, the Economic Freedom report measures such things as trade freedom, business freedom, investment freedom, and the degree of property rights protection in 186 countries. Gains in economic freedom ranking are usually associated with higher economic growth rates and higher equity markets. And the superior performance of Pakistan’s market over that of India’s might as well be a reflection of it.

Source: Forbes February 27, 2017 23:44 UTC