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This essay tests Milton Friedman’s conjecture that capitalism is a necessary condition for political freedom. For the decade around 2000 indices of the degree of capitalism and the degree of political freedom are highly correlated and provide plausibility for Friedman’s conjecture. In...
Persistent link: https://www.econbiz.de/10014197318
This study contributes to the environmental and socioeconomic sustainability literature by examining three important issues. First, the study examines the effects of foreign direct investment (FDI) and economic freedom on inclusive green growth (IGG) in sub-Saharan Africa (SSA). Second, we...
Persistent link: https://www.econbiz.de/10014351085
This study contributes to the environmental and socioeconomic sustainability literature by examining three important issues. First, the study examines the effects of foreign direct investment (FDI) and economic freedom on inclusive green growth (IGG) in sub-Saharan Africa (SSA). Second, we...
Persistent link: https://www.econbiz.de/10014265898
of important institutions to complement free-market competition, and the widespread use of trade protection in support of … documents the misconceptions by examining the theoretical basis and historical record of U.S. industrial and trade policy. We …: the rise of neoliberalism, and the standard economics curriculum. …
Persistent link: https://www.econbiz.de/10012544294
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Persistent link: https://www.econbiz.de/10002127382
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Arab oil exporting countries have been advised by the IMF to diversify their economies away from oil and that the way to do that is to adopt the ten principles of the Washington Consensus, which call for liberalization, deregulation and privatization. It is not clear how measures like these are...
Persistent link: https://www.econbiz.de/10014518473
The paper explores the relationships between economic freedom on the one side and development aid and IMF credit as approximation for conditional aid on the other side. After a short review of current literature, the paper develops a simple panel regression model to evaluate the relationships....
Persistent link: https://www.econbiz.de/10013068789