High quality institutions, such as rule of law, bureaucratic quality, freedom from government expropriation, and freedom from government repudiation of contracts, mitigate the adverse economic consequences of ethnic fractionalization identified by Easterly and Levine 1997 and others. In countries with sufficiently good institutions, ethnic diversity does not lower growth or worsen economic poli...

investment shows a combination of demand of firms and supply household savings and due to the volatile nature reflects short-term fluctuations in the economy of any country. this study examines the effect of abundance natural resources on private sector investment through the economic freedom and five main index (government's size, the structure of property rights, access to sound money, f...

The measurement of economic freedom is discussed. One particular set of freedom indices developed by Heritage Foundation is detailed, including how the indices are constructed and potential problems in the methodological design. Comparisons are made for the different levels of freedom individual nations and regions achieve.

The study seeks to analyses ethnocentric factors impact on the freedom of competition and business activity. Xenophobia, morality and rationality patriotism and nationalism, economic and war animosity influence one way or another, Greek students’ opinions towards freedom of competition in the era of a vast fiscal crisis in Greece. Key-Words: Implicative statistical analysis, freedom of competit...

Because the art of communication is central to the art of democracy, it is fundamental to economic development. Specifically, freedom and the ability to participate fully in economic governance, and in the corresponding democratic knowledge and learning processes, would reflect and be reflected by a parallel freedom and ability in communication. The issues are explored by comments on art, and o...

This paper examines how political ideology influenced economic freedom in the Canadian provinces. We analyze the dataset of economic freedom indicators compiled by the Fraser Institute in 10 Canadian provinces over the 1981-2005 period and introduce two different indices of political ideology: government and parliament ideology. The results suggest that government ideology influenced labor mark...

The idea that freedom of choice is quite central to leading a good life is not a new one. It is, for example, very forcefully discussed by Aristotle. Given the importance of the quality of life of the members of the society in judging the success of economic policies, it is easy to see the centrality of freedom of choice to economic evaluation and assessment. It is, in a sense, more important t...

This paper examines why fundamental freedoms are so unevenly distributed across the earth. Climato-economic theorizing proposes that humans adapt needs, stresses, and choices of goals, means, and outcomes to the livability of their habitat. The evolutionary process at work is one of collectively meeting climatic demands of cold winters or hot summers by using monetary resources. Freedom is expe...