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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 DEVELOPMENT AND FREEDOM：THE LEGACY OF PETER BAUER
ECONOMIC DEVELOPMENT FREEDOM Market Revolution
2008/11/10
A Hero of the Market Revolution
The death of Peter Bauer on May 2, 2002, at 86 years old, marked
the passing of a great economist and a hero of the market revolution
that has been sweeping the glob...
ECONOMIC GROWTH AND POVERTY：IN SEARCH OF TRICKLE-DOWN
ECONOMIC GROWTH ECONOMIC POVERTY TRICKLE-DOWN
2008/11/10
It seems obvious that economic growth should reduce poverty, yet
the issue remains controversial. Some scholars assert that economic
growthdoes not eliminate poverty and may exacerbate the problems
...
RENT SEEKING AND ECONOMIC GROWTH：EVIDENCE FROM A PANEL OF U.S. STATES
ECONOMIC GROWTH U.S. STATES rent-seeking activity
2008/11/10
A copious body of theoretical literature has developed that maintains
that rent-seeking activity (RSA) inhibits economic growth by
diverting resources from productive uses (Buchanan 1980; Tollis...
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 ...
DETERMINANTS OF ECONOMIC CORRUPTION：A CROSS-COUNTRY COMPARISON
ECONOMIC CORRUPTION financial institutions policymakers
2008/11/10
In recent years, the detrimental effects of bureaucratic corruption
gained attention from development economists as well as international
financial institutions and policymakers. Corruption, which w...
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
...
INCREASING ECONOMIC GROWTH AND STABILITY IN EMERGING MARKETS
economic goals EMERGING MARKETS ECONOMIC GROWTH
2008/11/10
Ownership, Growth, and Stability
The Bush administration’s emerging market strategy is an interrelated
part of our overall international economic agenda. The agenda
focuses on two goals: increasing...
The Argentine economy suffered a deep crisis during 2001 and
2002. Poverty stretched to one in every three homesteads in the
suburbs of Buenos Aires, and the traumatic departure from convertibility,...
In the 1950s and 1960s, many Africans believed that independence
would change prospects for rapid economic growth and development.
Each year the Fraser Institute and the Heritage Foundation (in
conjunction with the Wall Street Journal) publish indexes of economic
freedom, while the Freedom House publishes an index of
politic...
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 LIBERALIZATION AND INTERNATIONAL ORDER
ECONOMIC LIBERALIZATION INTERNATIONAL ORDER external conflict
2008/11/7
In a recent study, I examined the connection between economic
freedom and internal conflict (Tures 2003). This article expands upon
the earlier study by examining the link between economic liberty a...
In recent decades, economic performance in Europe has been
disappointing, with particularly pronounced weakness in the core European
nations—Germany, Italy, and France. Estimates of potential
growt...
POLITICAL FREEDOM AND THE STABILITY OF ECONOMIC POLICY
POLITICAL FREEDOM ECONOMIC POLICY STABILITY
2008/11/7
Most of the regime shifts in democracies occur through the electoral
defeat of the incumbents, while most dictatorships relinquish
power only through violence. Democracy requires consent of the
cit...