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Report: 2011 Index of Economic Freedom ranks Iran's economy as repressed - 171 out of 179 countries

2011-index-of-economic-freedom-iIran’s score has decreased from last year, driven by lower scores in freedom from corruption, trade freedom, and labor freedom.

Heavy state interference in many aspects of private economic activity has resulted in economic stagnation in Iran’s non-oil sector and a serious lack of overall economic dynamism. A restrictive business and investment environment continues to hamper private-sector development. More than 500 companies remain state-owned, and privatization has been negligible in the past year.

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