Will Economic Freedom Lead to Political Freedom?

2020 ◽  
pp. 205-211
Author(s):  
Weiying Zhang
Author(s):  
Sarif Mohammad Khan ◽  
Md Reaz Uddin ◽  
Mohammad Anwar Hossain ◽  
A S M Sayeem

Purpose: This study has put a great effort to measure the empowerment status of women who are both higher educated and employed. Sampling and data collection: Data were collected form women employed in various organization like banks, educational institutions, NGOs and others for this study. Empowerment was measured based on economic freedom, household decision making, social & legal freedom and political freedom. A structured questionnaire using five-point likert scale was used to collect opinions from the respondents. A total 178 employed women were finally interviewed. Data analysis: The data were analyzed using t-test against population mean value. Descriptive statistical tools like mean value and standard deviation are also used to analyze the data. Finding: The results reveal that higher educated and employed women are empowered at some extent in dimensions like economic freedom, household decision making, social & legal freedom and political freedom.


Author(s):  
Reza G. Hamzaee ◽  
G. Rod Erfani

Human freedom, and therefore, quality of life in many countries of the world have been restricted and diminished. Economic freedom and a controversial issue of interrelationship between economic and political freedom are empirically examined here. In several empirical estimations, embodying 155 countries of the world, some tight as well as statistically significant relationships are detected between economic freedom, on the one hand, and civil liberties, political rights, and political freedom, on the other.


2020 ◽  
Vol 42 (1) ◽  
pp. 105-132 ◽  
Author(s):  
Sebastian Edwards ◽  
Leonidas Montes

We analyze Milton Friedman’s two visits to Chile, in March 1975 and November 1981. We rely on a number of sources, including Friedman’s archives, press archives in Chile and the rest of the world, interviews, and the papers and recollections of some of those who accompanied Friedman during his meeting with Pinochet. Although Friedman’s 1975 visit has been widely discussed, his 1981 visit has been largely neglected. However, this visit was particularly important as it preceded a severe currency and banking crisis, stemming from an overvalued fixed exchange rate. The crisis put at risk the influence of the “Chicago Boys” and the political and economic liberalization process. We analyze Friedman’s views regarding Chile’s pegged exchange rate strategy followed between 1979 and 1982, and his position on economic and political freedom.


2001 ◽  
Vol 19 (1) ◽  
pp. 3-21 ◽  
Author(s):  
Abdiweli M. Ali ◽  
W. Mark Crain

Abstract The impact of political systems on economic growth cannot be understood solely in terms of a simple distinction between democratic and non-democratic regimes. The democratic character of the political regime may be irrelevant when economic freedom is assessed independently from political freedom and civil liberty. This paper uses newly constructed measures of economic freedom by Gwartney-Lawson-Block [1996]. The empirical results of this paper show that economic freedom contributes to economic growth irrespective of the nature of the political regime. The empirical results also indicate that the effect of democracy on economic growth is ambiguous at best. Nonetheless, democracy may have some effect on economic growth, operating indirectly through the investment channel.


2005 ◽  
Vol 44 (2) ◽  
pp. 121-133 ◽  
Author(s):  
RAJEEV K. GOEL ◽  
MICHAEL A. NELSON

2000 ◽  
Vol 8 (2) ◽  
pp. 185-191
Author(s):  
Roberto Vivarelli

This article attempts to outline the development in our time of two ideas of freedom. At first, economic freedom depended on political freedom and the aim of both was moral improvement. From the beginning of the 20th century, economic freedom has become an end in itself and political freedom has given up any moral claim; both ideas of freedom are no longer what they were.


1998 ◽  
Vol 14 (1) ◽  
pp. 75-93
Author(s):  
Vardaman R. Smith

In the ‘Introduction’ to Capitalism and Freedom, Friedman's stated intentions are to: (i) establish the role of competitive capitalism as a system of economic freedom and a necessary condition for political freedom; (ii) indicate the proper role of government in a free society; and (iii) return the term ‘liberal’ ‘… to its original sense – as the doctrines pertaining to a free man’ (1962, p. 6). In fact, Friedman accomplishes none of these things. This essay has three distinct, though related, objectives: first, to compare Friedman's position with the liberal alternative; second, to show why Friedman's position is more properly regarded as libertarian than liberal; and third, to assess the quality of Friedman's argument in its own right. My purpose is to demonstrate that Friedman overlooks the important liberal insight that the unrestricted accumulation of private propety may limit rather than promote individual freedom. This omission is crucial. Not only does it divorce Friedman's conception from liberalism, it also vitiates his case for economic freedom as a necessary condition for political freedom.


2018 ◽  
Vol 17 (5-6) ◽  
pp. 501-515
Author(s):  
Prathibha Joshi ◽  
Kris Aaron Beck

AbstractThe BRICS (Brazil, Russia, India, China, and South Africa) countries generally offer some of the best opportunities for successful investment. We therefore examine the factors that encourage or discourage foreign direct investment (FDI) in these BRICS countries. Some similar studies have evaluated the impact of economic risks on investment; fewer studies have explored the political risks associated with investing or how human development within a country can alter the decision to invest. Our innovation is to look at all of these factors, and hence we investigate how domestic economic growth, measures of economic freedom, degrees of political freedom, cultural factors, and levels of human development influence the likelihood of investment in BRICS countries. We find that economic freedom and urbanization are insignificant, but that GDP, political freedom, gross national income, and secondary education all are significant and positive; cellphone subscriptions show negative and significant results.


Author(s):  
Sebastiano Bavetta ◽  
Pietro Navarra ◽  
Dario Maimone

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