Singapore New Zealand and Russia

Ukraine: Hong Kong topped the ranking — followed by Singapore and New Zealand, according to The Moscow Times. The index said Russia scored low on rule of law issues such as property rights and freedom from corruption, but higher on regulatory efficiency and limited government. It scraped in just above the category of "repressed" nations such as Belarus in the 157th spot and Ukraine at 162nd. The country scores fell or stayed the same in every category, and the ranking said freedom had been eroded by Moscow policy of import replacement and the rising presence of state-owned lenders in the banking sector. Russia economy is currently in the grip of a recession due in part to a slump in global oil prices and sanctions imposed over the crisis in Ukraine in 2014. (news.financializer.com). As reported in the news.