Reviewing the economic performance -- good and bad -- of more than 100 countries over the past 30 years, this paper finds new empirical evidence supporting the idea that economic freedom and civil and political liberties are the root causes of why some countries achieve and sustain better economic outcomes. For instance, a one unit change in the initial level of economic freedom between two countries (on a scale of 1 to 10) is associated with an almost...
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INFORMACIÓN
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2011/05/01
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Documento de trabajo sobre investigaciones relativas a políticas
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WPS5660
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1
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1
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2011/05/01
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Disclosed
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On the relevance of freedom and entitlement in development : new empirical evidence (1975-2007)
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economic freedom