This book considers the potential of market-based policies to address the problems facing Canadian education. It offers the results of systematic research into the effects that other market-based education reforms have had in Canada and around the world where they have been tried and tested, in some cases for years, in others for generations.

The issue of tax cuts has overwhelmed the equally important issue of tax reform in the national debate. This study outlines many of the issues raised during the recent federal election and provides information on tax reform in order to provide a foundation for rational debate.

This is the fifth edition of Economic Freedom of the World . Chapter 1 of this report updates the data from the earlier editions and presents an economic freedom index for 123 countries for 1999. Exhibit 1-1 shows the 21 components used to construct the index.