This book presents an analysis of economic freedom across nations for the years 1998-1999. Authored by prominent economists, it builds upon established frameworks to measure and compare the degree of economic liberty worldwide. The work utilizes a comprehensive index, drawing on various indicators to assess the extent to which individuals and businesses are free to engage in voluntary exchange.

This work is recognized as a foundational text in the study of economic freedom, providing a consistent methodology for measurement and comparison. Its detailed indices and country-specific data have been influential in academic and policy circles. The publication serves as a key reference point for understanding the economic landscape of the late 1990s and the factors contributing to national prosperity.