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Economic Freedom and Foreign Direct Investment: How Different are the MENA Countries from the EU
Economic Freedom European Union (EU) Countries Foreign Direct Investment Fuzzy Clustering Institutions Middle East North Africa (MENA) Countries
2013/2/23
The risk perceived by investors is crucial in the decision to invest, in particular when it concerns a foreign country. The risk associated to any (foreign) investment is a multi-faceted element given...
In this paper, we develop a conceptual framework for an understanding of
economic freedom based on Hayek (1960), and, as a step further we propose a categorization
of government actions, which allow...
ECONOMIC FREEDOM AND HUMAN WELFARE：SOME EMPIRICAL FINDINGS
ECONOMIC FREEDOM HUMAN WELFARE economic growth
2008/11/14
When I attended graduate school in economics at Yale, one of my
professors, Henry Wallich, in 1960 published a book entitled The Cost
of Freedom. This book reflected the conventional wisdom of the t...
OFFICIAL ASSISTANCE, ECONOMIC FREEDOM,AND POLICY CHANGE：IS FOREIGN AID LIKE CHAMPAGNE?
OFFICIAL ASSISTANCE ECONOMIC FREEDOM POLICY CHANGE FOREIGN AID
2008/11/14
Foreign aid has had, and continues to have, a multiplicity of goals.
Five decades of development assistance have provided an adequate
historical record by which to judge to what extent aid successfu...
BANKING STRUCTURES, MARKET FORCES, AND ECONOMIC FREEDOM：LESSONS FROM ARGENTINA AND MEXICO
MARKET FORCES BANKING ECONOMIC FREEDOM ARGENTINA MEXICO
2008/11/14
The successes or failures of monetary reforms in Latin America
have depended on the financial liberalizations that accompanied them
and on the peculiarities of attendant financial regulations and pr...
ECONOMIC FREEDOM, POLITICAL FREEDOM,AND ECONOMIC WELL-BEING：A CAUSALITY ANALYSIS
ECONOMIC FREEDOM POLITICAL FREEDOM ECONOMIC WELL-BEING
2008/11/14
In recent years, a renewed interest has been shown in trying to
further comprehend the factors that determine a country’s rate of
economic growth. This is important since a higher growth rate means
...
ECONOMIC FREEDOM AND THE EVOLUTION OF LAW
ECONOMIC FREEDOM EVOLUTION private property rights
2008/11/14
Lon Fuller (1964: 30) defines law to be ‘‘the enterprise of subjecting
human conduct to the governance of rules.’’ The key components of
economic freedom arise through such an enterprise when instit...
Two developments in the 1980s revived interest in growth theory
and modified the way most economists study the determinants of
growth. First, the contributions by Romer (1986) and Lucas (1988)
laun...
ECONOMIC FREEDOM AND CONFLICT REDUCTION：EVIDENCE FROM THE 1970S, 1980S, AND 1990S
ECONOMIC FREEDOM CONFLICT REDUCTION economic policy
2008/11/10
The last three decades have witnessed an unprecedented expansion
of market-based reforms and the profusion of economic freedom in
the international system. This shift in economic policy has sparked ...
ECONOMIC FREEDOM AND GROWTH：THE CASE OF THE CELTIC TIGER
ECONOMIC FREEDOM GROWTH CELTIC TIGER
2008/11/10
Ireland was one of Europe’s poorest countries for more than two
centuries. Yet, during the 1990s, Ireland achieved a remarkable rate
of economic growth. By the end of the decade, its GDP per capita
...
In the 1950s and 1960s, many Africans believed that independence
would change prospects for rapid economic growth and development.
THE CONTRIBUTION OF ECONOMIC FREEDOM TO WORLD ECONOMIC GROWTH, 1980–99
ECONOMIC FREEDOM CONTRIBUTION WORLD ECONOMIC GROWTH
2008/11/9
Since 1986, a group of researchers associated with the Fraser Institute
have focused on the definition and measurement of an internationally
comparable index of economic freedom (Easton and
Walker ...
ECONOMIC FREEDOM, INSTITUTIONAL QUALITY, AND CROSS-COUNTRY DIFFERENCES IN INCOME AND GROWTH
ECONOMIC FREEDOM INSTITUTIONAL QUALITY economic growth
2008/11/7
In the past few decades, the issues in the literature on economic
growth have broadened from the development of general theories of
growth, largely based on Solow (1956), toward an examination of wh...
ECONOMIC FREEDOM AND DEVELOPMENT：NEW CALCULATIONS AND INTERPRETATIONS
ECONOMIC FREEDOM economic growth economic development growth rates
2008/11/5
For some time there has been a debate about the effect of economic
freedom on economic growth and development (Beach and
Davis 1999: 10; de Haan and Siermann 1998; de Haan and Sturm
2000; Edwards 1...
Economic freedom indexes, especially the Fraser Institute/Cato
Institute Economic Freedom of the World (EFW) index and the Heritage
Foundation/Wall Street Journal Index of Economic Freedom, are
bec...