Computer Science
8 years ago

Greater economic freedom leads to increased economic growth, study finds.

European Journal of Political Economy
On the relationship between economic freedom and economic growth
Jakob de Haan, Jan–Egbert Sturm

Paper Summary

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The article explores the connection between economic freedom and economic growth. Different indicators for economic freedom were compared, showing similar rankings for countries. Despite some questionable elements in these measures, the research suggests that greater economic freedom promotes economic growth. However, the level of economic freedom is not directly linked to growth.