We investigate the causal effect of government spending on real output conditional on economic freedom. Using data for 161 countries from 2000 to 2019 results show, first, that the size of the fiscal multiplier is inversely related to the level of freedom and, second, countries with the mean...

Between 2000 and 2019 Latin American governments have increased and decreased economic freedom in a continuous cycle. Combining differences in the erosion of economic freedom with differences in economic growth and a set of institutional variables, for a sample of 19 Latin American countries,...

The aim of this paper is to investigate the causal effect of government spending on real output conditional on economic freedom. To accomplish this task, we use data from 2000 to 2019 for 161 countries and an interaction model. Findings show that countries with the mean level of economic freedom...

Venezuela requires a change in the economic, fiscal, and political system. Supported on the findings of Acevedo et al (2020), we argue that the most important challenge is to reduce and starve the government and empower the citizens. This will be only possible through a new taxation system to...

Purpose: This paper provides a general review of the current energy dependency of the European Union (EU) and the possible threat that it poses to economic growth and diplomatic freedom. Design/methodology/approach: Systematic literature review with a narrative approach to analyze historical...

Since mid-2009 the world has been experiencing a feeble economic recovery that has been halted by an increase in oil prices which have negatively affected the recovery. History has taught us that the world has developed thanks to major industrial revolutions which have foster economic growth....

pt. 1. Historical and theoretical introduction to the euro -- pt. 2. The euro as a common, international, and global currency : an empirical study -- pt. 3. The euro and the eurozone : before, during, and after the first economic crisis of the 21st century -- pt. 4. Conclusion.