Europe dominates Forbes’ annual ranking of the finest countries for capitalism — with Denmark ranked first. The Danes pay lots in taxes, but corporate rates are surprisingly low, and the country gets high marks for innovation and monetary freedom. (Notice a prominent nation missing from the top 15? The US hasn’t been in that group in two years, pushed down by places with less red tape and more trade freedom. The US is No. 22 this year.)
At the bottom of the list are several emerging markets constrained by high levels of corruption. In all, we rank 144 countries in up to 11 categories, including taxes, property rights, investor protection and monetary policies.
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(This story appears in the 05 February, 2016 issue of Forbes India. To visit our Archives, click here.)