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Peter Bauer was very much concerned with the question of how
attitudes may affect the potential for economic development in underdeveloped
countries. He was forced to deal with it because much
of t...
DOES A LESS ACTIVE CENTRAL BANK LEAD TO GREATER ECONOMIC STABILITY? EVIDENCE FROM THE EUROPEAN MONETARY UNION
CENTRAL BANK GREATER ECONOMIC STABILITY EUROPEAN MONETARY UNION
2008/11/6
On January 1, 1999, 11 European countries gave up the independence
of their monetary policy by joining the European Monetary
Union (EMU). Since that time, these countries have shared a common
curre...
SOUND MONETARY POLICY, CREDIBILITY, AND ECONOMIC PERFORMANCE
MONETARY POLICY ECONOMIC PERFORMANCE
2008/11/5
History is a constant reminder that sustainable healthy economic
development requires sound and credible monetary policy. This is
true of all nations, industrial and developing. Frequently, economic...
MONETARY CREDIBILITY, INFLATION, AND ECONOMIC GROWTH
MONETARY CREDIBILITY INFLATION ECONOMIC GROWTH
2008/11/5
By now it must be universally agreed that low and stable inflation
is a primary and essential goal for monetary policy, in large part
because we believe it brings stability to financial systems and ...
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...
U.S.-CHINA RELATIONS: THE CASE FOR ECONOMIC LIBERALISM
U.S.-CHINA Commission ECONOMIC LIBERALISM
2008/11/5
In its 2005 Report to Congress, the U.S.-China Economic and
Security Review Commission—also known as the U.S.-China Commission
(USCC)—recommended that China appreciate its currency,
the renminbi (R...
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...
ECONOMIC LIBERTY AND THE OFFICIAL LAW BOOKS IN COLONIAL MASSACHUSETTS
ECONOMIC LIBERTY COLONIAL MASSACHUSETTS
2008/11/4
Hernando de Soto’s The Mystery of Capital traces the essential
developments of land registration and titling in 19th century U.S.
history. But his chronology omits implementation of mid-17th century...
ECONOMIC FREEDOM, CORRUPTION,AND GROWTH
ECONOMIC FREEDOM econometric model economic growth
2008/11/4
This article adds to the empirical literature on the relationship
between corruption and economic growth by incorporating the impact
of economic freedom. We utilize an econometric model with two
im...
This article explores the impact of tax policy on economic growth
in the states within the framework of an endogenous growth model.
Regression analysis is used to estimate the impact of taxes on eco...
In explaining the acceleration in Indian growth, and to judge if an
Indian economic miracle is on its way, it is first necessary to establish
when this acceleration began, as this is still subject t...
Economic Development and the Role of Currency Undervaluation
Economic Development Role Currency Undervaluation
2008/11/4
This article is concerned with the determinants of economic
growth, and, in particular, with the role of policy in directing the pattern
of growth in developing economies. Over the years, economists...